Union Pacific reported third quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $2.22 on revenue of $5.52B. Analysts polled by forecast EPS of $2.33 on revenue of $5.72B. That compared to EPS of $2.15 on revenue of $5.93B in the same period a year earlier. The company had reported EPS of $2.22 on revenue of $5.6B in the previous quarter.
Union Pacific shares lost 0.19% to trade at $163.00 in pre-market trade following the report.
Union Pacific follows other major Transportation sector earnings this month
On Wednesday, CSX reported third quarter EPS of $1.08 on revenue of $2.98B, compared to forecasts of EPS of $1.02 on revenue of $2.99B.
Delta Air Lines earnings beat analysts' expectations on October 10, with third quarter EPS of $2.32 on revenue of $12.55B. analysts expected EPS of $2.26 on revenue of $12.61B
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