Home | KNDY News | Union Pacific earnings report expected Thursday.

Union Pacific earnings report expected Thursday.

Union Pacific will release its third-quarter earnings report on Thursday, and investors will be looking for signs the economy is improving.

The Omaha-based railroad’s results are watched closely because the volume of cars, chemicals, crops, lumber and containers of imported goods it carries hints at the health of those industries.

The railroad has been gradually hiring back furloughed workers as shipping volume increases.

Analysts surveyed by Thomson Reuters expect Union Pacific to report earnings of $1.50 per share on revenue of $4.36 billion.

Union Pacific is the nation’s largest railroad with 32,400 miles of track crossing 23 states from the Midwest to the West and Gulf coasts.

About Jeff Ottens