Union Pacific stock rises after Q1 top and bottom line beat

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Union Pacific stock rises after Q1 top and bottom line beat
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Union Pacific Corp.’s stock rose 1.4% before market open Thursday after the railroad reported first-quarter profit and revenue that beat Wall Street’s...

Union Pacific Corp.’s UNP stock rose 1.4% before market open Thursday after the railroad reported first-quarter profit and revenue that beat Wall Street’s expectations. Net income was $1.06 billion, or $2.67 a share, compared with $1.6 billion, or $2.57 a share, in the prior year’s quarter. The FactSet consensus for earnings per share was $2.57. Revenue rose 3% to $6.06 billion, above the FactSet consensus of $6.02 billion.

4% before market open Thursday after the railroad reported first-quarter profit and revenue that beat Wall Street’s expectations. Net income was $1.06 billion, or $2.67 a share, compared with $1.6 billion, or $2.57 a share, in the prior year’s quarter. The FactSet consensus for earnings per share was $2.57. Revenue rose 3% to $6.06 billion, above the FactSet consensus of $6.02 billion.

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