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Union Pacific announced earnings per share of $2.01 on revenue of $4.92B. Analysts polled by Investing.com anticipated EPS of $2.05 on revenue of $4.93B.
Union Pacific shares are up 10% from the beginning of the year, still down 5.44% from its 52 week high of $210.95 set on October 16. They are outperforming the S&P 500 which is up 6.34% from the start of the year.
Union Pacific shares lost 2.25% in pre-market trade following the report.
Union Pacific’s report follows an earnings missed by Canadian National Railway on Tuesday, who reported EPS of $1.38 on revenue of $3.41B, compared to forecasts EPS of $1.45 on revenue of $3.48B.
CSX had beat expectations on Wednesday with third quarter EPS of $0.96 on revenue of $2.65B, compared to forecast for EPS of $0.92 on revenue of $2.67B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
