Union Pacific Earnings Beat, Revenue Misses In Q2

Investing.com – Union Pacific (NYSE:) reported on Thursday second quarter that beat analysts’ forecasts and revenue that fell short of expectations.

Union Pacific announced earnings per share of $ 1.67 on revenue of $ 4.24B. Analysts polled by Investing.com anticipated EPS of $ 1.56 on revenue of $ 4.37B.

Union Pacific shares are down 0% from the beginning of the year , still down 5.07% from its 52 week high of $ 188.96 set on January 24. They are under-performing the which is up 1.4% from the start of the year.

Union Pacific shares gained 0.90% in pre-market trade following the report.

Union Pacific follows other major Transportation sector earnings this month

Union Pacific’s report follows an earnings beat by Canadian National Railway on Tuesday, who reported EPS of $ 1.28 on revenue of $ 3.21B, compared to forecasts EPS of $ 0.92 on revenue of $ 3,249M.

CSX had beat expectations on Wednesday with second quarter EPS of $ 0.65 on revenue of $ 2.26B, compared to forecast for EPS of $ 0.64 on revenue of $ 2.32B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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