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Union Pacific reports Q2 2018 results

(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,...

CSX Q2 2018 profit tops Wall St. estimates

(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...

CSX announces Q2 2018 financial results

(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...

UP declares Q2 2018 dividend

(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....

BNSF reports Q1 2018 financial results

(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...