Union Pacific (NYSE: UNP) reported first-quarter 2020 financial results that surpassed the market’s estimates. The railroad company posted earnings of $2.15 per share on revenue of $5.23 billion for the recently ended quarter. While the EPS increased by 11%, revenue dipped 3% year-over-year. UNP shares were slightly up in the pre-market session.
Union Pacific expects second-quarter 2020 carload volumes to be down around 25% compared to the second quarter of 2019.
UNP stock, which plunged to a yearly low last month, had dipped 19% since the beginning of 2019.
The Coca-Cola Company (NYSE: KO) reported third-quarter 2020 financial results before the opening bell on Thursday. The beverage giant reported a 9% fall in Q3 revenues to $8.7 billion, beating
American Airlines Group Inc. (NASDAQ: AAL) reported a net loss for the third quarter of 2020, as record-low passenger traffic and widespread flight cancellations continued to impact operations. However, the
Southwest Airlines Co. (NYSE: LUV) reported third quarter 2020 earnings results today. Operating revenues fell 68.2% year-over-year to $1.8 billion. Net loss was $1.1 billion, or $1.96 per share, compared