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.

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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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