OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Union Pacific Corp. (UNP) on Thursday reported third-quarter net income of $1.53 billion.
On a per-share basis, the Omaha, Nebraska-based company said it had net income of $2.51.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.45 per share.
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The railroad posted revenue of $5.94 billion in the period, falling short of Street forecasts. Six 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