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Union Pacific delivers 7% more profit as investors get good view of industry with CSX also reporting

  • Union Pacific reported a 7% increase in fourth-quarter profit, totaling $1.76 billion or $2.91 per share, exceeding Wall Street expectations.
  • Despite a 1% revenue drop to $6.12 billion, Union Pacific's shipment volume rose by 5%.
  • CSX, another major freight railroad, is expected to report earnings of 42 cents per share on $3.5578 billion revenue.
  • Union Pacific aims for high single-digit to low double-digit earnings per share growth over the next three years.
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  • 56% of the sources lean Left
56% Left
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