Union Pacific Provides Q3 EPS Outlook - Quick Facts

(RTTNews) - Union Pacific Corp. (UNP) said it expects to report third-quarter 2013 earnings in the range of $2.45 to $2.48 per share, a double-digit increase compared to last year.

Analysts currently expect third quarter earnings of $2.56 per share.

"Our strong third quarter expectations reflect continued core pricing gains, ongoing productivity initiatives, and strong returns to our shareholders," said Rob Knight, Union Pacific chief financial officer. "In the fourth quarter, we expect these positive trends to continue, and we're hopeful that the economy cooperates and this year's grain harvest meets current projections, enabling year-over-year volume growth."