Union Pacific Earnings Beat, Revenue Misses In Q2

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Union Pacific announced earnings per share of $1.67 on revenue of $4.24B. Analysts polled by Investing.com anticipated EPS of $1.56 on revenue of $4.37B.

Union Pacific shares are down 0% from the beginning of the year , still down 5.07% from its 52 week high of $188.96 set on January 24. They are under-performing the S&P 500 which is up 1.4% from the start of the year.

Union Pacific shares gained 0.90% in pre-market trade following the report.

Union Pacific’s report follows an earnings beat by Canadian National Railway on Tuesday, who reported EPS of $1.28 on revenue of $3.21B, compared to forecasts EPS of $0.92 on revenue of $3,249M.

CSX had beat expectations on Wednesday with second quarter EPS of $0.65 on revenue of $2.26B, compared to forecast for EPS of $0.64 on revenue of $2.32B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar