Investing.com - Union Pacific (NYSE:UNP) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
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 and are trading at $181.00 , down-from-52-week-high.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 after the report.
Union Pacific follows other major Transportation sector earnings this month
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.
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