Union Pacific posts bigger profit on more autos, chemicals

Thu Oct 17, 2013 8:11am EDT

Oct 17 (Reuters) - Union Pacific Corp posted a bigger quarterly profit as higher automotive, chemical and other industrial shipments offset lower coal and agricultural volumes.

Union Pacific, which links 23 states in the West and Midwest, earned $1.15 billion, or $2.48 a share, for the third quarter, compared with $1 billion, or $2.19 a share, a year before.

Revenue for the Omaha, Nebraska-based company rose 4 percent to $5.6 billion.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.