Investing.com – Union Pacific reported on Thursday fourth quarter that missed analysts’ forecasts and revenue that fell short of expectations.
Union Pacific announced earnings per share of $2.02 on revenue of $5.21B. Analysts polled by Investing.com anticipated EPS of $2.05 on revenue of $5.23B. That compared with EPS of $2.12 on revenue of $5.76B in the same quarter a year earlier.Union Pacific had announced EPS of $2.22 on revenue of $5.52B in the previous quarter.Analysts are expecting EPS of $2.01 and revenue of $5.22B in the upcoming quarter.
Union Pacific stock’s are up 0.08% so far this year and is trading at $179.50 , still down 2.54% from its 52 week high of $185.65 set on January 17.
Union Pacific shares lost 0.79% to trade at $179.50 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 CSX on January 16, who reported EPS of $0.99 on revenue of $2.89B, compared to forecasts EPS of $0.96 on revenue of $2.92B.
Delta Air Lines had beat expectations on January 14 with fourth quarter EPS of $1.7 on revenue of $11.44B, compared with anticipated for EPS of $1.4 on revenue of $11.34B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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