Canadian Pacific Railway (CP) announced second quarter pro forma EPS of $0.59 Thursday morning, which topped the consensus estimate of $0.32.
Canadian Pacific Railway gapped up Thursday and climbed until the middle of the morning. The stock finished higher by $4.86 at $44.68 on above average volume. Shares closed at nearly a 9-month high.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.