OMAHA, Nebraska — Union Pacific will tell investors Thursday about how the labor problems at West Coast ports earlier this year affected railroad traffic.
The Omaha, Nebraska-based railroad will release its first-quarter earnings report Thursday morning.
In addition to learning more about the port labor dispute, Union Pacific investors will want to see how the current weak coal demand is affecting the railroad.
Both of the eastern U.S. railroads said last week that weak coal demand, especially for exports, hurt their profits. But Union Pacific doesn't count on coal exports much, so it likely fared better.
The analysts surveyed by FactSet expect earnings per share of $1.38 on revenue of $5.6929 billion.
Union Pacific Corp. operates across 23 states in the western two-thirds of the country.
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