Railroads

Shares of CSX Corp. (NYSE: CSX) are trading lower ahead of the earnings that are going to come out after the bell today, sometime after 4:00 p.m. Wall Street analysts are looking for fourth quarter earnings of $1.10 per share on revenues of $2.67 billion. Last week, Union Pacific blew out earnings...

Shares of Halliburton Co (NYSE: HAL) gained about 2% after the company reported its Q4 profit at $0.66 per share, up from $0.27 per share, in the year-ago period. The company's operating income surged to $0.68 per share, from $0.27 per share. HAL reported its revenue at $5.16 billion, versus $3.69...

In a research report published today, Jefferies analyzed Union Pacific (NYSE: UNP) following Union Pacific's Q4 2010 reported earnings. Jefferies maintained its Buy rating of Union Pacific and price target of $108. In the report, Jefferies states, "We believe the rails have the potential to be...

Although Union Pacific's (NYSE: UNP) 4Q10 results were in line with J.P Morgan's forecast, their cost side outlook was materially worse than expected. Management identified a list of items which drive meaningful cost side pressure in 2011 including rising other expense, depreciation, training costs...

Union Pacific (NYSE: UNP) reported 4Q10 EPS of $1.56, handily beating Dahlman Rose's and consensus estimates of $1.40 and $1.48, respectively. The company delivered a record fourth quarter OR of 70.2% making 2010 its most profitable year ever. However, 2011 cost concerns put pressure on the shares...

Deutsche Bank is tweaking its estimates on Union Pacific Corporation (NYSE: UNP). “We are tweaking our 2011 EPS estimates to $6.40, from $6.48, but we have not changed our 2012 EPS estimate of $7.78,” Deutsche Bank writes. “While we have modestly raised our 2011 pricing and volume assumptions, we...

U.S. railroad giant Union Pacific Corp. (UNP) reported strong results for the fourth quarter of 2010. Quarterly net income reached a record high of $775 million or $1.56 per share compared to a net income of $549 million or $1.08 per share in the year-ago quarter. Fourth quarter 2010 earnings...

U.S. railroad giant Union Pacific Corp. (UNP) reported strong results for the fourth quarter of 2010. Quarterly net income reached a record high of $775 million or $1.56 per share compared to a net income of $549 million or $1.08 per share in the year-ago quarter. Fourth quarter 2010 earnings...

As the U.S. economy continues to recover and more goods are shipped, railroad companies like CSX Corp (CSX) continue to soar. CSX has put together an impressive string of 7 consecutive positive earnings surprises. Although shares have climbed more than 40% since late August, valuation remains...

As the U.S. economy continues to recover and more goods are shipped, railroad companies like CSX Corp (CSX) continue to soar. CSX has put together an impressive string of 7 consecutive positive earnings surprises. Although shares have climbed more than 40% since late August, valuation remains...

An improving U.S. economy, significant surge in automotive shipments, and a sharp rebound in many of the company's end markets are expected to fuel future growth of Union Pacific Corp. (UNP). In the previous quarter, the company benefited primarily from increased operating revenues due to growth...