Union Pacific Corp. (UNP: Quote) reported first quarter 2012 net income of $863 million or $1.79 per share, up from $639 million or $1.29 per share, in the first quarter 2011. Analysts polled by Thomson Reuters expected the company to report earnings of $1.63 per share for the quarter. Analysts' estimates typically exclude special items.
Quarterly operating revenue increased 14 percent in the first quarter 2012 to $5.1 billion versus $4.5 billion in the first quarter 2011. Seventeen analysts had consensus revenue estimate of $4.97 billion for the quarter.
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by RTT Staff Writer
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