Investing.com - Union Pacific (NYSE:UNP) reported first quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.93 on revenue of $5.38B. Analysts polled by Investing.com anticipated EPS of $1.9 on revenue of $5.54B. That compared to EPS of $1.68 on revenue of $5.48B in the same period a year earlier. The company had reported EPS of $2.12 on revenue of $5.76B in the previous quarter.
Union Pacific shares lost 0.17% to trade at $169.00 in pre-market trade following the report.
For the year, Union Pacific shares are up 22.46%, outperforming the S&P 500 which is up 17.1% year to date.
Union Pacific follows other major Transportation sector earnings this month
On Tuesday, CSX reported first quarter EPS of $1.02 on revenue of $3.01B, compared to forecasts of EPS of $0.91 on revenue of $3.01B.
Delta Air Lines earnings beat analyst's expectations on Wednesday, April 10, 2019, with first quarter EPS of $0.96 on revenue of $10.42B. Investing.com analysts expected EPS of $0.91 on revenue of $10.41B
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