July 24, 2014 / 12:10 PM / 3 years ago

Union Pacific profit rises as agricultural shipments increase

July 24 (Reuters) - Union Pacific Corp, the largest publicly traded U.S. railroad, reported a 17 percent rise in quarterly profit, partly due to a rise in shipments at its agricultural products business.

Revenue at the business increased 19 percent in the second quarter ended June 30.

Net income rose to $1.29 billion, or $1.43 per share, in the quarter from $1.11 billion, or $1.18 per share, a year earlier.

Total revenue rose 10 percent to $6.02 billion. (Reporting by Sagarika Jaisinghani in Bangalore; Editing by Kirti Pandey)

Our Standards:The Thomson Reuters Trust Principles.
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