Union Pacific: Q1 Earnings Snapshot

OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Union Pacific Corp. (UNP) on Thursday reported first-quarter net income of $1.63 billion.

On a per-share basis, the Omaha, Nebraska-based company said it had net income of $2.70.

The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.73 per share.

The railroad posted revenue of $6.03 billion in the period, which also did not meet Street forecasts. Seven analysts surveyed by Zacks expected $6.09 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