the republic logo

Union Pacific railroad will release its first-quarter earnings report Thursday morning

bug
Share/Save/Bookmark

OMAHA, Nebraska — Union Pacific will tell investors Thursday about how the labor problems at West Coast ports earlier this year affected railroad traffic.

The Omaha, Nebraska-based railroad will release its first-quarter earnings report Thursday morning.

In addition to learning more about the port labor dispute, Union Pacific investors will want to see how the current weak coal demand is affecting the railroad.

Both of the eastern U.S. railroads said last week that weak coal demand, especially for exports, hurt their profits. But Union Pacific doesn't count on coal exports much, so it likely fared better.

The analysts surveyed by FactSet expect earnings per share of $1.38 on revenue of $5.6929 billion.

Union Pacific Corp. operates across 23 states in the western two-thirds of the country.

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Follow The Republic:

All content copyright ©2015 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.