Market Overview

UPDATE: Union Pacific Q2 Profit Surges 10%

Related UNP
4 Industrial Stocks That Are Technical Buys (According To Oppenheimer)
CNBC's Stock Pops & Drops From March 26
Commodities Today: Oil Asset Sales, Energy Price Target Cuts And Falling Railroad Stocks (Seeking Alpha)

Union Pacific (NYSE: UNP) reported a 10% rise in its second-quarter earnings.

Union Pacific's quarterly profit surged to $1.11 billion, or $2.37 per share, from $1 billion, or $2.10 per share, in the year-ago period.

Its revenue rose 4.8% to $5.47 billion. However, analysts were expecting earnings of $2.35 per share on revenue of $5.5 billion.

Its operating margin widened to 34.3% from 33%.

Union Pacific shares closed at $159.68 yesterday.

Posted-In: profitEarnings News


Related Articles (UNP)

Around the Web, We're Loving...