Union Pacific Logs Higher 3Q Earnings, Revenue
20 10월 2022 - 9:37PM
Dow Jones News
By Dean Seal
Union Pacific Corp. increased earnings and raised its top line
by 18% in the third quarter on higher fuel-surcharge revenue,
volume and prices.
The Omaha, Neb.-based railroad company posted a profit of $1.9
billion, or $3.05 a share, compared with $1.67 billion, or $2.57 a
share, in the same quarter a year ago.
Stripping out the effect of a $114 million charge related to
labor agreements, adjusted earnings were $3.19 a share. Analysts
polled by FactSet had been expecting $3.06 a share.
Revenue for the quarter was $6.57 billion, up from $5.57 billion
in the year-ago period and topping analyst expectations of $6.41
billion, according to FactSet.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
October 20, 2022 08:22 ET (12:22 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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