Jan 19, 2022

UP kicks off earnings reports Thursday

Posted Jan 19, 2022 11:14 AM

HUTCHINSON, Kan. — The end-of-the-year quarterly earnings parade kicks off on Thursday when Union Pacific releases its fourth quarter report before the opening bell.

The nation’s largest railroad continued to rebound from a sluggish economy in the third quarter of 2021 with net income of $2.57 per share, compared with $2.01 per share in 2020.

Operating revenue totaled $5.6 billion, an increase of 13%. 

UP operates about 25 trains per day through Reno County and just finished up a major siding extension project at Whiteside. The railroad has the fourth-highest valuation in the county.

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