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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Union Pacific Corp | NYSE:UNP | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -1.15 | -0.48% | 239.21 | 241.81 | 239.035 | 241.81 | 1,526,852 | 22:37:36 |
From May 2021 to May 2024
By Matt Grossman
Union Pacific Corp. on Thursday logged higher earnings and revenue in the latest quarter, despite no growth in freight volumes.
The Omaha, Neb.-based railroad company logged earnings of $2.57 a share, up from $2.01 a share in last year's third quarter. Analysts had been forecasting earnings of $2.51 a share, per FactSet.
Net income rose to $1.67 billion, from $1.36 billion in the year-ago quarter.
Union Pacific's revenue rose 13% to $5.57 billion. Analysts had expected revenue of $5.41 billion.
Volumes as measured by revenue carloads were flat. As energy prices rose, Union Pacific's average fuel price per gallon consumed was up by 74% to $2.37 in the quarter. But the company's fuel-consumption rate was its lowest ever, Chairman and Chief Executive Lance Fritz said.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
October 21, 2021 08:30 ET (12:30 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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