Union Pacific: third-quarter profit up 16% and adjusted EPS above consensus
FROM THE WIRE · FINANCE.YAHOO.COM
Union Pacific reported a 16% increase in third-quarter profit Thursday as higher freight volumes, pricing gains and fuel surcharges lifted revenue, with intermodal traffic leading the railroad's growth. The Omaha-based railroad (NYSE: UNP) earned $2.08 billion, or $3.49 per…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishSolid quarterly results for a major railroad, with revenue growth and rising intermodal volumes.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Profit rose to 2.08 billion dollars, or 3.49 dollars per diluted share.
- 02Adjusted EPS of 3.53 dollars exceeded the 3.47 dollar consensus.
- 03Operating revenue increased 15% to 7.2 billion dollars.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Union Pacific Corporation295.79 USD+0.01%today +2.75%Positive Norfolk Southern Corporation336.08 USD+0.25%today +2.44%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets