JOC Staff | Oct 24, 2012 10:47AM EDT
Canadian Pacific Railway today reported third quarter profit of C$224 million (about US$225.89 million), up 19.8 percent from $188.58 million in the same quarter in 2011.
Quarterly adjusted income, including foreign currency translation adjustments, changes in benefit pension and post-retirement plans and more, was $272.27 million.
Profit in the first nine months of 2012 was $472.96 million, increasing 34.4 percent from $351.95 million last year. Adjusted profit for the same period was $600.01 million.
Quarterly revenue was $1.46 billion, up 8.2 percent year-over-year from $1.35 billion. Revenue from January to September was $4.23 billion, up 11.2 percent from $3.80 billion.