January 23, 2020 / 1:10 PM / in a month

Union Pacific profit falls about 10%

Jan 23 (Reuters) - U.S. railroad operator Union Pacific Corp reported a nearly 10% drop in quarterly profit, as freight volumes of agricultural products and energy shipments fell.

The Omaha, Nebraska-based company’s net income fell to $1.40 billion, or $2.02 per share, in the fourth-quarter ended Dec. 31, from $1.55 billion, or $2.12 per share, a year earlier.

Total operating revenue fell 9.5% to $5.21 billion. (Reporting by Ankit Ajmera in Bengaluru; Editing by Vinay Dwivedi)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below