(AP) — Union Pacific's fourth-quarter profit crept up 1% as the railroad delivered more fertilizer, imported goods and vehicles.
The Omaha, Nebraska-based railroad said it earned $1.65 billion, or $2.71 per share, in the quarter.
The results topped the estimates of the analysts surveyed by FactSet Research that called for earnings of $2.60 per share as Union Pacific hauled 3% more shipments.
But Union Pacific's topped Wall Street's predictions for $6.05 billion.
Union Pacific is one of the nation’s largest railroads and operates more than 30,000 miles of track in 23 western states.
Persons:
Jim Vena, ” Vena
Organizations:
— Union Pacific's, FactSet Research, Union Pacific, Union, . Union Pacific, Railroad
Locations:
OMAHA, Neb, Omaha , Nebraska, Norfolk Southern, Ohio