HUTCHINSON, Kan. — The earnings reports kick off Thursday with Union Pacific Railroad releasing its fourth quarter earnings before the bell.
The nation’s largest railroad reported that third quarter net income decreased 12% to $1.4 billion, or $2.01 per diluted share, from $1.6 billion, or $2.22 per diluted share, in the same quarter last year.
Numbers are expected to show more of the same as lower natural gas prices and continued slow downs as a result of the pandemic eat into the railroad's car loadings.
UP operates about 25 trains per day in Reno County and carries a total valuation in the county of $7.2 million.