- Bad - 4q08 revenue up 9.4%, EPS down 42% but exclude 1 time tax benefit in 07, the EPS is in fact down only by 4%, which beat analysts expectation by 4.5%.
- Fair - 2008 revenue up 4.8%, EPS down 34% but exclude 1 time items & FX gain/loss, the EPS is in fact down only by 6%
- Fair - Revenue down mainly due to fuel cost up 35% in 08, as fuel price drop, CP Railway's profit margin should increase, whether it will offset the FX impact & volume decline due to weaker economy is another issue.
- Good - CP will reduce capital spending by 20% to 0.8B in 2009.
1.30.2009
Corp info: Canadian Pacific 2008 results
It is 2nd largest dominator railway company in Canada
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