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.
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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.
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