Canadian Pacific Railway (TSX:CP) reported quarterly earnings of $1.04 per share which beat the analyst consensus estimate of $1.01 by 2.97 percent. This is a 1.89 percent decrease over earnings of $1.06 per share from the same period last year. The company reported quarterly sales of $3.701 billion which beat the analyst consensus estimate of $3.546 billion by 4.37 percent. This is a 2.48 percent decrease over sales of $3.795 billion the same period last year.