Union Pacific quarterly profit rises 24% on higher industrial shipments -Breaking
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© Reuters. FILE PHOTO – A Union Pacific railroad car is parked at a Burlington Northern Santa Fe train yard in Seattle (Washington, U.S.A), 02/10/2017 REUTERS/Chris Helgren/File photo(Reuters) – Union Pacific Corporation (NYSE:) posted a 23.9% increase in its quarterly profit Thursday due to higher industrial shipment.
The fourth quarter of the U.S. railroad operator ended December 31 saw a rise in net income to $1.71 Billion, or $2.66 per Share, from $1.38 Billion, or 2.05 Per Share, one year ago.
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