Pricing and volume in Union Pacific’s intermodal segment fell last quarter from the previous quarter.
Photo: tannen maury/EPA/ShutterstockUnion Pacific ’s profit fell 19% in the third quarter to $1.5 billion, beating expectations, while the company reported declining freight rail volumes and revenue across key industrial commodities.
Earnings slid to $2.51 a share from $3.05 a share in the year-ago quarter.
Analysts polled by FactSet had been expecting $2.41 a share.
Persons:
tannen maury, FactSet
Organizations:
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