The nation's largest railway, said on Thursday that in this quarterly earnings per share for $104 million, or 2.19%,. Income increased by 3%, to $5.25 dollars.
Profit beyond the Wall Street expectations, but income less than expected. From FactSet survey of analysts the average forecast UP to earn $2.15 a share of income of $5.30 one hundred million yuan.
In the plate before trading, the company's share price fell by 1%, or $1.33 to $134.02 share.
The performance of the union Pacific provides insight into the healthy development of the national economy, for all kinds of cars, crops, imports of chemicals and containers. In the west, the Midwest and gulf coast 23 countries with more than 32400 miles of track.
In this quarter, the company's volume dropped by 2%. Coal and agricultural product shipments drops, can't overcome in other parts of the railway business, although chemical and car according to the significant increase.
"We diversified business portfolio, solid core price rise, efficient network operation will these results," UP CEO jack Koraleski said, although significantly weaker coal and grain market.
Demand for coal has been weak, in the past year, because of the relatively cheap natural gas prices and mild winter last year. In the fourth quarter, union Pacific drag coal than the previous year decreased by 17%.
Agricultural shipments hurt drought and some ethanol factories closed temporarily.



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