OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Union Pacific Corp. (UNP) on Thursday reported first-quarter earnings of $1.64 billion.
On a per-share basis, the Omaha, Nebraska-based company said it had profit of $2.69.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.50 per share.
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The railroad posted revenue of $6.03 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $6 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