Several “Off The Rails” Earnings
Two important railroad companies reported today. And although they both stayed on the rails, the title off the rails sounded a lot more catchy. So let’s see what happened. 👀
First up, Union Pacific reported earnings per share of $2.51 on revenues of $5.9 billion. That topped estimates of $2.41 in earnings but missed revenue estimates of $6 billion. 🚂