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Fly News Breaks for March 28, 2016
CSX, UNP
Mar 28, 2016 | 08:29 EDT
Bernstein expects Q1 revenue ton miles to decline up to 11% at CSX (CSX) and up to 16% at Union Pacific (UNP). The firm lowered its Q1 EPS estimate for Union Pacific to $1.09, versus the consensus outlook of $1.16. It keeps an Outperform rating on Union Pacific and a Market Perform rating on CSX.
News For UNP;CSX From the Last 2 Days
UNP
Apr 26, 2024 | 09:10 EDT
UNP
Apr 26, 2024 | 08:56 EDT
UNP
Apr 26, 2024 | 07:40 EDT
UNP
Apr 26, 2024 | 07:18 EDT
UNP
Apr 25, 2024 | 07:49 EDT
UNP
Apr 25, 2024 | 07:48 EDT
Reports Q1 revenue $6.03B, consensus $5.98B. "Our team delivered strong financial results in the first quarter as we navigated a challenging freight market and normal winter conditions," said Jim Vena, Union Pacific CEO. "These results build on the momentum we established as we exited 2023 and provide further proof of what's possible as we strive to be the best in safety, service, and operational excellence. This is a great start to the year, but we understand there's work to be done to achieve our goals and meet our stakeholders' expectations."
