© Reuters. Union Pacific Earnings, Revenue Beat in Q1
Investing.com – Union Pacific (NYSE:) reported on Thursday first quarter that beat analysts’ forecasts and revenue that topped expectations.
Union Pacific announced earnings per share of $2.57 on revenue of $5.86B. Analysts polled by Investing.com anticipated EPS of $2.56 on revenue of $5.67B.
Union Pacific shares are down 1% from the beginning of the year, still down 11.43% from its 52 week high of $278.94 set on March 31. They are outperforming the S&P 500 which is down 6.44% from the start of the year.
Union Pacific shares gained 0.40% in pre-market trade following the report.
Union Pacific follows other major Industrials sector earnings this month
Union Pacific’s report follows an earnings beat by Lockheed Martin on Tuesday, who reported EPS of $6.44 on revenue of $14.96B, compared to forecasts EPS of $6.21 on revenue of $15.64B.
CSX had beat expectations on Wednesday with first quarter EPS of $0.39 on revenue of $3.41B, compared to forecast for EPS of $0.3799 on revenue of $3.33B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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