OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Union Pacific Corp. (UNP) on Thursday reported third-quarter earnings of $1.79 billion.
On a per-share basis, the Omaha, Nebraska-based company said it had profit of $3.01. Earnings, adjusted for costs related to mergers and acquisitions, were $3.08 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.99 per share.
The railroad posted revenue of $6.24 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $6.23 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNP at https://www.zacks.com/ap/UNP
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