Union Pacific Earnings, Income Miss Third Quarter
© Reuters. Union Pacific Earnings, Revenue Miss Third Quarter
Investing.com – Union Pacific (NYSE 🙂 reported Thursday, the third quarter, that analysts’ forecasts and revenues, which fell below expectations, were missed.
Union Pacific announced earnings per share of $ 2.01 on sales of $ 4.92 billion. Analysts polled by Investing.com expected earnings per share of $ 2.05 on sales of $ 4.93 billion.
Union Pacific stocks are up 10% year-to-date and are still down 5.44% from the 52-week high of $ 210.95 set on October 16. They exceed the value of 6.34% compared to the beginning of the year.
Union Pacific shares lost 2.25% in pre-market trading, according to the report.
Union Pacific follows other major transportation revenues this month
Union Pacific’s report follows a win that the Canadian National Railway missed Tuesday. It reported earnings per share of $ 1.38 on sales of $ 3.41 billion, compared to earnings per share of $ 1.45 on sales of $ 3.48 billion.
CSX beat expectations on Wednesday with earnings per share of $ 0.96 on revenue of $ 2.65 billion, compared to a forecast for earnings per share of $ 0.92 on revenue of 2.67 billion . USD.
Stay up to date on all upcoming earnings reports by visiting Investing.com’s earnings calendar
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