Union pacific reports q1 earnings per share of $2.15

Union pacific reports strong first quarter 2020 results.q1 earnings per share $2.15.q1 revenue $5.2 billion versus refinitiv ibes estimate of $5.09 billion.q1 earnings per share estimate $1.90 -- refinitiv ibes data.q1 business volumes decreased 7 percent compared to 2019.expects q2 2020 carload volumes to be down around 25 percent, compared to q2 2019.$1.87 per gallon average quarterly diesel fuel price in q1 2020 was 10 percent lower than q1 2019.fully expects to maintain sufficient liquidity to sustain an extended period of lower volumes.qtrly operating ratio of 59 percent.quarterly freight revenue declined 3 percent, compared to q1 2019.
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