OREANDA-NEWS. Canadian Pacific Railway Limited announced fourth-quarter reported diluted earnings per share of CAD 2.08 and adjusted diluted earnings per share of USD 2.72, the highest ever for the period. For the full year, reported diluted earnings per share were USD 8.40 while adjusted diluted earnings per share climbed to a record USD 10.10, a 19-percent improvement over 2014's adjusted EPS of USD 8.50.

CP's commitment to operational efficiency produced a fourth-quarter adjusted and reported operating ratio of 59.8 percent, matching the record-setting performance of a year ago. For 2015, CP posted a best-ever full-year adjusted and reported operating ratio of 61 and 60 percent, beating the previous record, set in 2014, by 370 and 470 basis points, respectively.

"Thanks to our committed, hard-working employees across the network we have produced a record low operating ratio along with record earnings per share," said E. Hunter Harrison, CP's Chief Executive Officer. "Despite challenging economic conditions and lower commodity prices, we continue to focus on what we can control - lowering costs, creating efficiencies and improving service."