The
The analysts surveyed by FactSet Research were expecting earnings of
"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,” CEO
The railroad's revenue was hurt by a drop in fuel surcharge revenue as fuel prices fell.
The railroad said its quarterly results have it feeling more optimistic about profit growth this year even though it still expects volume growth to be muted after losing some international intermodal business and its expectation for lower coal shipments. So
UP is one of the nation’s largest railroads with more than 30,000 miles of track crisscrossing 23 Western states.
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