OMAHA, Neb. (AP) — Union Pacific railroad will release its fourth-quarter earnings report Thursday morning.
Weak coal demand continued to be a problem for the eastern railroads of CSX and Norfolk Southern, which released results over the past week.
Union Pacific's report will let investors know whether declining coal demand also continues to be a problem for western railroads.
The data the Omaha, Neb., based railroad releases will also give investors some idea of the health of the overall economy.
Analysts surveyed by FactSet expect Union Pacific to report quarterly earnings per share of $2.49 per share on revenue of $5.57 billion.
Union Pacific operates 32,400 miles of track in 23 states from the Midwest to the West and Gulf coasts.