July 20, 2018 | Headlines, Quarterly Income, UP
(Source: Associated Press, July 19, 2018) OMAHA, Neb. — Union Pacific hauled in 29 percent more second-quarter profit as the railroad handled 4 percent more shipments, but the results might have been better if not for some operational challenges. UP CEO Lance Fritz...
July 20, 2018 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, July 19, 2018) OMAHA, Neb. — Union Pacific Corporation today reported 2018 second quarter net income of $1.5 billion, or a second quarter record $1.98 per diluted share. This compares to $1.2 billion, or $1.45 per diluted share,...
July 19, 2018 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, July 18, 2018) CALGARY — Canadian Pacific Railway Limited today announced second quarter revenues of $1.75 billion, an increase of 7 percent from last year, and reported diluted earnings per share (EPS) of $3.04, or...
July 18, 2018 | CSX, Headlines, Quarterly Income
(Source: Reuters, July 17, 2018) NEW YORK — CSX’s second-quarter net income jumped 72 percent to $877 million, or $1.01 per share, surpassing analysts’ average forecast of 87 cents per share. Operating ratio, which measures operating expenses as a percentage of...
July 18, 2018 | CSX, Headlines, Quarterly Income
(Source: CSX press release, July 17, 2018) JACKSONVILLE, Fla. — CSX Corporation today announced second quarter 2018 net earnings of $877 million, or $1.01 per share, versus $510 million, or $0.55 per share in the same period last year. CSX’s operating ratio set an...
May 11, 2018 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, May 10, 2018) OMAHA, Neb. — The Board of Directors of Union Pacific Corporation has declared a quarterly dividend of 73 cents per share on the company’s common stock, payable June 29, 2018, to shareholders of record May 31, 2018....
May 9, 2018 | BNSF, Headlines, Quarterly Income
(Source: Progressive Railroading, May 8, 2018) BNSF Railway Co. reported first-quarter 2018 total revenue rose 8 percent to $5.6 billion from $5.2 billion a year ago as a result of a 5 percent increase in unit volume. First-quarter net income net income soared 37...
May 2, 2018 | Headlines, Quarterly Income, Short Line
(Source: Progressive Railroading, May 1, 2018) Although Genesee & Wyoming Inc. posted a 32 percent jump in adjusted diluted earnings per share (EPS) in first-quarter 2018, the company’s North American results were hurt in part by congestion at several...
April 27, 2018 | Headlines, Quarterly Income, UP
(Source: Associated Press, April 26, 2018) OMAHA, Neb. — Union Pacific Corp.’s first-quarter earnings chugged ahead 22 percent as the railroad hauled 2 percent more freight and increased its prices. Full story: www.usnews.com
April 27, 2018 | Headlines, Quarterly Income, UP
(Source: Omaha World-Herald, April 27, 2018) OMAHA, Neb. — Union Pacific Railroad pulled 650 locomotives out of storage and is adding employees to “overload” the southern part of its network, particularly in Texas, in an effort to ease railcar congestion there. Full...