OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Union Pacific Corp. (UNP) on Thursday reported first-quarter earnings of $1.64 billion.

On a per-share basis, the Omaha, Nebraska-based company said it had profit of $2.69.

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.50 per share.

The railroad posted revenue of $6.03 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $6 billion.

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