Union Pacific said Thursday, Oct. 23, 2014 its third-quarter earnings rose 19% measured against the comparable quarter in 2013, to $1.37 billion, or $1.53 per share, from $1.15 billion, or $1.24 per share, a year ago.
UP's revenue rose 11% $6.18 billion from $5.57 billion in 2013's third quarter. Both earnings and revenue beat Wall Street analysts' consensus expectations.
Union Pacific reported the most growth in intermodal, industrial products, and agricultural goods. Coal volume was flat compared with year-ago levels, with revenue up 2%, UP said.
Shares of UP rose in early Thursday trading on the New York Stock Exchange.