Union Pacific Beats Estimates
Union Pacific reported a third-quarter profit and revenue beat driven by strong pricing gains and volume growth. However, surging fuel costs weighed on operating margins during the period.
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Insights:
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UNION PACIFIC CORP posted an adjusted EPS of $3.53 for the third quarter on Thursday, beating the analyst consensus of $3.47. Operating revenue rose 15% to $7.2 billion, driven by core pricing gains and volume growth.
