Union Pacific tops Street 4Q forecasts

Union Pacific on Thursday reported fourth-quarter profit of $1.41 billion.

On a per-share basis, the Omaha, Nebraska-based company said it had profit of $1.61.

The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.51 per share.

The railroad posted revenue of $6.15 billion in the period, also beating Street forecasts. Analysts expected $6.1 billion, according to Zacks.

Union Pacific shares have dropped 4 percent since the beginning of the year, while the Standard & Poor's 500 index has decreased slightly more than 1 percent. The stock has risen 36 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNP at http://www.zacks.com/ap/UNP.