Reports Q3 revenue $6.09B, consensus $6.14B. “Our third quarter results demonstrate the success of our strategy,” said Union Pacific (UNP) CEO Jim Vena. “Improved safety and service performance supported solid revenue growth that we converted into double-digit improvement in third quarter operating income and earnings per share. The entire Union Pacific team is focused on delivering for our customers and shareholders; and is energized to build on these accomplishments to drive sustainable long-term success.”
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Read More on UNP:
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- Union Pacific price target raised to $275 from $265 at Raymond James
- North American rail traffic down 3.7% for the week ending October 5
- Union Pacific price target lowered to $272 from $277 at Bernstein
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