Union Pacific (UNP) Tops Q2 EPS by 6c
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Freight revenues: 4.84B
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Union Pacific (NYSE: UNP) reported Q2 EPS of $1.45, $0.06 better than the analyst estimate of $1.39. Revenue for the quarter came in at $5.3 billion versus the consensus estimate of $5.18 billion.
2017 Outlook
"Absolute business volumes should be stronger in the second half than the first half, although year-over-year comparisons will be more challenging. In this environment we will focus on our growth opportunities. In addition, we will continue to make progress on our G55 + 0 initiatives as we work to make Union Pacific a stronger, more efficient company," Fritz said. "We are confident these efforts will generate top-line growth, margin improvement and greater returns for our shareholders."
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