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  "documentTitle": "Pershing Square Portfolio (multiple positions)",
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  "authorName": "Pershing Square",
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  "presentationDate": "2015-04-28 00:00:00",
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      "text": "We believe CP remains an attractive investment led by a superlative management team with further potential in the coming years",
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      "text": "Transformation expected to remain rapid in 2015, with 2015 guidance of 7-8% revenue growth, a 62% Operating Ratio or better, and 25%+ EPS growth",
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      "text": "2018 revenue of $10bn, implying a 10.5% compound annual growth rate; Operating Ratio of 58-63%; Earnings per share more than doubling to $17 per share; Management confident in targets despite oil price decline",
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      "text": "Operating Ratio: 58-63%",
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      "text": "We Believe CP Remains an Attractive Investment",
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