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Union Pacific Earnings, Revenue Miss in Q3

Union Pacific Earnings, Revenue Miss in Q3
Union Pacific Earnings, Revenue Miss in Q3

Investing.com - Union Pacific reported third quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.

The firm reported earnings per share of $2.22 on revenue of $5.52B. Analysts polled by Investing.com forecast EPS of $2.33 on revenue of $5.72B. That compared to EPS of $2.15 on revenue of $5.93B in the same period a year earlier. The company had reported EPS of $2.22 on revenue of $5.6B in the previous quarter.

Union Pacific shares lost 0.19% to trade at $163.00 in pre-market trade following the report.

Union Pacific follows other major Transportation sector earnings this month

On Wednesday, CSX reported third quarter EPS of $1.08 on revenue of $2.98B, compared to forecasts of EPS of $1.02 on revenue of $2.99B.

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Delta Air Lines earnings beat analysts' expectations on October 10, with third quarter EPS of $2.32 on revenue of $12.55B. Investing.com analysts expected EPS of $2.26 on revenue of $12.61B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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