Investing.com - Union Pacific (NYSE:UNP) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Union Pacific announced earnings per share of $2.66 on revenue of $5.73B. Analysts polled by Investing.com anticipated EPS of $2.62 on revenue of $5.62B.
Union Pacific shares are down 4% from the beginning of the year, still down 6.49% from its 52 week high of $256.11 set on January 7. They are outperforming the S&P 500 which is down 4.9% from the start of the year.
Union Pacific shares gained 3.30% in pre-market trade following the report.
Union Pacific follows other major Industrials sector earnings this month
Union Pacific's report follows an earnings beat by Cintas on December 22, 2021, who reported EPS of $2.76 on revenue of $1.92B, compared to forecasts EPS of $2.65 on revenue of $1.91B.
Sandvik AB ADR had beat expectations on Thursday with fourth quarter EPS of $0.3369 on revenue of $3.2B, compared to forecast for EPS of $0.3355 on revenue of $3.07B.
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