Investing.com - Union Pacific (NYSE:UNP) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Union Pacific announced earnings per share of $2.93 on revenue of $6.27B. Analysts polled by Investing.com anticipated EPS of $2.87 on revenue of $6.15B.
Union Pacific shares are down 14% from the beginning of the year and are trading at $218.92 , down-from-52-week-high.They are outperforming the S&P 500 which is down 16.92% from the start of the year.
Union Pacific shares gained 2.08% in pre-market trade following the report.
Union Pacific follows other major Industrials sector earnings this month
Union Pacific's report follows an earnings missed by Lockheed Martin on Tuesday, who reported EPS of $1.16 on revenue of $15.45B, compared to forecasts EPS of $6.34 on revenue of $15.99B.
CSX had beat expectations on Wednesday with second quarter EPS of $0.54 on revenue of $3.82B, compared to forecast for EPS of $0.4682 on revenue of $3.65B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar