Investing.com - Union Pacific (NYSE:UNP) reported third quarter earnings that beat analyst's expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $2.15 on revenue of $5.93B. Analysts polled by Investing.com expected EPS of $2.09 on revenue of $5.89B. That compared to EPS of $1.5 on revenue of $5.41B in the same period a year earlier. The company had reported EPS of $1.98 on revenue of $5.67B in the previous quarter.
Union Pacific shares slightly moved 0.00% to trade at $140.45 in pre-market trade following the report.
For the year, Union Pacific shares are up 4.26%, outperforming the S&P 500 which is down 1.03% year to date.
Union Pacific follows other major Transportation sector earnings this month
On Wednesday, United Parcel Service (NYSE:UPS) reported third quarter EPS of $1.82 on revenue of $17.44B, compared to forecasts of EPS of $1.82 on revenue of $17.49B.
Canadian National Railway earnings beat analyst's expectations on Tuesday, with third quarter EPS of $1.54 on revenue of $3.69B. Investing.com analysts expected EPS of $1.12 on revenue of $3,562M
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