Investing.com - Union Pacific (NYSE:UNP) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $2.22 on revenue of $5.6B. Analysts polled by Investing.com forecast EPS of $2.15 on revenue of $5.64B. That compared to EPS of $1.98 on revenue of $5.67B in the same period a year earlier. The company had reported EPS of $1.93 on revenue of $5.38B in the previous quarter.
For the year, Union Pacific shares are up 18.66%, under-performing the S&P 500 which is up 20.49% year to date.
Union Pacific follows other major Transportation sector earnings this month
On Tuesday, CSX reported second quarter EPS of $1.08 on revenue of $3.06B, compared to forecasts of EPS of $1.11 on revenue of $3.15B.
FedEx earnings beat analyst's expectations on June 25, with fourth quarter EPS of $5.01 on revenue of $17.8B. Investing.com analysts expected EPS of $4.85 on revenue of $17.8B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar