Published 11 days ago

Union Pacific's first-quarter profit creeps up 1% as railroad limits expenses

Summary by WKMG

Union Pacific's first-quarter profit crept 1% higher as the railroad tightened up on expenses — particularly its fuel bill — even though it delivered slightly less freight.The Omaha, Nebraska-based railroad said Thursday it made $1.64 billion, or $2.69 per share. That's higher than last year's $1.63 billion, or $.2.67 per share. Shipping volume was down 1% in the quarter.The analysts surveyed by FactSet Research were expecting earnings of $2.51 …

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Associated Press News

Union Pacific's first-quarter profit creeps up 1% as railroad limits expenses - Seymour Tribune

OMAHA, Neb. (AP) — Union Pacific’s first-quarter profit crept 1% higher as the railroad tightened up on expenses — particularly its fuel bill — even though it delivered slightly less freight. The Omaha, Nebraska-based railroad said Thursday it made $1.64 billion, or $2.69 per share. That’s higher than last year’s $1.63 billion, or $.2.67 per share. Shipping volume was down 1% in the quarter. The analysts surveyed by FactSet Research were expecti…

11 days ago·United States

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abc News

Union Pacific's first-quarter profit creeps up 1% as railroad limits expenses

Union Pacific's first-quarter profit crept 1% higher and topped Wall Street expectations as the railroad tightened up on expenses even though it delivered slightly less freight

11 days ago·United States

Read Full Article