Q: What do you think of CP's answer regarding how they calculate their earnings?
http://business.financialpost.com/news/transportation/canadian-pacific-railway-executives-off-guard-by-bs-comment-in-conference-call
And on a related note, was there anything in CNR's (Canadian National Railway) earnings to cause concern? Management reaffirmed forward guidance and it looks "cheaper" now, on a forward p/e basis, than it has in a long while.
Thanks,
John
http://business.financialpost.com/news/transportation/canadian-pacific-railway-executives-off-guard-by-bs-comment-in-conference-call
And on a related note, was there anything in CNR's (Canadian National Railway) earnings to cause concern? Management reaffirmed forward guidance and it looks "cheaper" now, on a forward p/e basis, than it has in a long while.
Thanks,
John