Tuesday, July 16, 2013

For Investors Only: Union Pacific Should Meet/Exceed Expectations -- Reports Later This Week

Forbes is reporting:
Wall Street is optimistic about Union Pacific which is slated to report its second quarter results on Thursday, July 18, 2013. Analysts project a profit of $2.35 a share, a rise from $2.10 per share a year ago.
The consensus estimate hasn’t changed over the past month, but it’s up from three months ago when it was $2.32. For the fiscal year, analysts are projecting earnings of $9.51 per share. Revenue is projected to be $5.50 billion for the quarter, 5% above the year-earlier total of $5.22 billion. For the year, revenue is projected to roll in at $22.27 billion.
Disclaimer: this is not an investment site. Do not make any investment decisions based on what you read here or what you think you might have read here.

Another railroad company, Berkshire Hathaway, traded at a new 52-week high today, though it dropped back a bit by the end of the day. 

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