Union Pacific’s 1Q Earnings Jump 35%
Union Pacific Corp. said Thursday its first-quarter profit rose 35%, boosted by higher intermodal revenue.
Net earnings rose to $863 million, or $1.79 per share, from $639 million, or $1.29, the eastern freight railroad said.
Revenue rose 14% to $5.1 billion, helped by an increase of 15% in intermodal revenue, to $909 million.
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