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Union Pacific Earnings, Revenue Beat in Q3 -Breaking

by Mike Robinson

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© Reuters. Union Pacific earnings beat Q3 revenue

Investing.com Union Pacific (NYSE: ) announced Thursday that the third quarter beat analyst forecasts with revenue surpassing expectations.

Union Pacific posted earnings per share in the range of $2.57 to $5.57B on revenues of $5.57B. Investing.com analysts polled predicted EPS at $2.49 for revenue of $5.43B.

Union Pacific shares rose 9% over the first of the year but are down by 1.41% from May 10’s 52-week peak of $231.26. They are under-performing the S&P 500 which is up 20.77% from the start of the year.

Union Pacific shares fell 0.66% during pre-market trading following the report.

Union Pacific reports on other significant earnings from the Transportation sector this month

Union Pacific’s latest report is following an earnings beat of Canadian National Railway (on Tuesday), who reported EPS $1.52 on revenue revenue of 3.59B. This compares to the forecasts of EPS $1.41 on revenue revenue of 3.51B.

CSX exceeded expectations with Wednesday’s third quarter EPS at $0.43 on revenue $3.29B. That compares to the $0.378 forecast on revenue $3.07B for EPS at $0.378.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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