Michael Fisher is an active trader and market analyst. He holds a Bachelors degree in Economics from University of Pennsylvania and started his career as a private Forex trader back in 2005.
, | Updated:
Key Moments
Union Pacific reported a nearly 7% increase in fourth-quarter earnings per share.
Quarterly profit rose to $3.11 per share from $2.91 per share a year earlier.
Higher pricing and fuel surcharge revenue were cited as the main drivers of profit growth.
Quarterly Performance Overview
Union Pacific reported a nearly 7% increase in its fourth-quarter profit on Tuesday, supported by improved pricing and additional revenue from fuel surcharges.
The Omaha, Nebraska-based railroad operator posted quarterly earnings of $3.11 per share, compared with $2.91 per share in the same period a year earlier.
Earnings Comparison
Period
Earnings per Share (EPS)
Current fourth quarter
$3.11
Fourth quarter a year earlier
$2.91
Drivers of Profit Growth
The increase in quarterly profit was attributed to higher pricing and fuel surcharge revenue, which contributed to the nearly 7% rise in earnings per share.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
Related News
Facebook could be involved in another privacy lawsuit Facebook is facing the risk of taking part in another battle with privacy advocates over its latest policy revisions, with users under the age of 18 one of the main sources of discord.The top six US privacy organisations sent a joint […]
USD/JPY trades higher after Japanese trade balance report US dollar gained ground against the Japanese yen on Monday, following the release of Japanese trade balance data, which revealed that export growth slowed, while Bank of Japan Governor Haruhiko Kuroda pledged to maintain stimulus in order to […]
Forex Market: USD/CZK daily forecast During yesterday’s trading session USD/CZK traded within the range of 20.4400-20.5190 and closed at 20.5059, gaining 0.31% on a daily basis.At 8:07 GMT today USD/CZK was up 0.02% for the day to trade at 20.5131. The pair touched a daily […]
Toyota share price up, recalls 625 000 hybrid cars over software glitch Toyota Motor Corp, the worlds biggest automaker, announced on Wednesday it will recall 625 000 hybrid vehicles globally to fix a software glitch that in rare cases could shut down the cars hybrid system.The latest recall action comes after […]
KKR Opens Milan Office to Expand Italy Investment Push Key Moments
KKR & Co plans to open a Milan office as it expands its Italian operations following major telecom and energy investments.
A KKR-led consortium acquired Telecom Italia's fixed-line network for €19 billion ($22 […]
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover 
