Investing.com - Union Pacific (NYSE:UNP) reported fourth quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $2.02 on revenue of $5.21B. Analysts polled by Investing.com anticipated EPS of $2.05 on revenue of $5.23B. That compared to EPS of $2.12 on revenue of $5.76B in the same period a year earlier. The company had reported EPS of $2.22 on revenue of $5.52B in the previous quarter.
Union Pacific shares lost 0.79% to trade at $179.50 in pre-market trade following the report.
For the year, Union Pacific shares are up 0.08%, under-performing the S&P 500 which is up 2.36% year to date.
Union Pacific follows other major Transportation sector earnings this month
On Thursday, January 16, 2020, CSX reported fourth quarter EPS of $0.99 on revenue of $2.89B, compared to forecasts of EPS of $0.96 on revenue of $2.92B.
Delta Air Lines earnings beat analyst's expectations on Tuesday, January 14, 2020, with fourth quarter EPS of $1.7 on revenue of $11.44B. Investing.com analysts expected EPS of $1.4 on revenue of $11.34B
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