— Union Pacific Corporation (NYSE: UNP) reported its fourth-quarter 2019 earnings of $2.02 per share versus $2.04 per share expected.
— Operating revenue fell by 9% to $5.21 billion versus $5.22 billion expected.
— Freight revenue declined by 10% as core pricing gains and a positive business mix were offset by lower volumes and decreased fuel surcharge revenue.
— Segment-wise, the company experienced a fall in freight revenue as agricultural products declined by 2%, the premium dropped by 14% and energy fell by 25% while industrial were flat.
— The business volume, as measured by total revenue carloads, decreased by 11%. Industrial volumes were flat compared to 2018, while agricultural products, premiums, and energy shipments declined.
— For the full year 2020, the company expects base capital of $2.95 billion, plus $150 million for siding extensions.
Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per
Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus
Virgin Galactic (NYSE: SPCE) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The space tourism company reported zero revenue in the fourth quarter, compared to $529,000