Canadian Railroads > CP posts record 4Q earnings and record 2014 earnings

Revenue for 2014 rose 8% to C$6.62 bln
Operating Ratio for 2014 dropped to 64.7%, for the 4th Qtr it dropped to 59.8%
Reported Earnings per share rose 71% to C$8.46
Adjusted Earnings per share rose 32% to C$8.50


Guidance for 2015

Operating ratio below 62%
Revenue Growth to rise 7-8%
Adjusted EPS expected to rise 25% vs the 2014 Adjusted EPS of C$8.50 per share.

And employee morale was "down" by how much?

Keith Robertson
Langley, BC

SOO6617 Wrote:
-------------------------------------------------------
> Revenue for 2014 rose 8% to C$6.62 bln
> Operating Ratio for 2014 dropped to 64.7%, for the
> 4th Qtr it dropped to 59.8%
> Reported Earnings per share rose 71% to C$8.46
> Adjusted Earnings per share rose 32% to C$8.50
>
>
> Guidance for 2015
>
> Operating ratio below 62%
> Revenue Growth to rise 7-8%
> Adjusted EPS expected to rise 25% vs the 2014
> Adjusted EPS of C$8.50 per share.


Thanks for the summary. The WSJ adds that oil and grain were a big part of the earnings package.

>>The railway posted a 9% improvement in freight revenue in the latest quarter, including a 20% gain in revenue from crude-oil shipments, a 27% increase in U.S. grain-shipment revenue and a 2% improvement from Canadian grain.

“CP fully recognizes the impact of short-term volatility in commodity prices, but given the diversity of its business and proven ability to control costs, we’re confident in our ability to execute on our plan going forward,” Mr. Harrison said.

The beatings will continue until the ratio gets to 50!!!

EHH at his best.

Ross Rowland

LKeithR Wrote:
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> And employee morale was "down" by how much?


73%

Posted from Android

Yes but CP's Employee Morale is better than CSX, see;

http://www.trainorders.com/discussion/read.php?2,3637891


And has everybody forgotten when NS was said to stand for "Nazi Southern". Do all the employees of NS now have a warm and fuzzy feeling for the company?



Edited 1 time(s). Last edit at 01/24/15 11:15 by SOO6617.