Market Update: Union Pacific Corporation (NYSE:UNP) – Union Pacific profit falls, pressure on freight continues

[Reuters] – Union Pacific Corp on Thursday reported a lower quarterly net profit that was hurt by falling freight volumes, especially coal, and warned the strong U.S. dollar, soft global economy and weak consumer demand would keep weighing on the No. 1 U.S. railroad’s business in the second half of 2016. Union Pacific said that falling coal freight volumes would continue to hurt the company’s performance during the third quarter. Read more on this. , with a current value of $recting to http://finance.ya, ended trading yesterday at $. Today, shares have traded between $ per share with the price of the stock fluctuating between $ over the last 52 weeks. Union Pacific (UNP) shares are currently priced at x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s x earnings multiple for the same period. In a review of the consensus earnings estimate this quarter, 0 sell-side analysts are looking at $ per share, which would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $, which would be a $0.00 worse when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $0.00 . If realized, that would be a 0.00% decrease over the year-ago quarter. In terms of ratings, d UNP from to (/fi). Previously, d UNP from to . Investors should keep in mind is that the average price target is $, which is 0.00% below where the stock opened this morning. See more in (NYSE:UNP) Similar Articles: Market Update (NYSE:UNP): Union Pacific Corporation Invites You to Join Its Second Quarter 2016 Earnings Release Broadcast Company Update: Union Pacific Corporation (NYSE:UNP) – Union Pacific Corporation CFO Rob Knight to Address 2016 Citi Industrials Conference Stock Update: Union Pacific Corporation (NYSE:UNP) – Union Pacific Corporation CFO Rob Knight to Address Stifel Nicolaus, BB&T and Barclays Investor Conferences