|Bid||176.78 x 1000|
|Ask||177.92 x 900|
|Day's Range||174.60 - 177.77|
|52 Week Range||126.37 - 177.77|
|Beta (3Y Monthly)||1.27|
|PE Ratio (TTM)||21.60|
|Forward Dividend & Yield||3.52 (2.11%)|
|1y Target Est||N/A|
Efforts to streamline operations and create surge capacity helped railway crews reroute the 50 to 60 daily trains that use the east-west main line that floodwaters severed for almost two weeks, Chief Executive Lance Fritz told Reuters.
America???s largest railroad company, Union Pacific (UNP), beat earnings this morning sending the stock surging over 4%. UNP followed suit of railroad earnings with both CSX Corporartion (CSX) and Kansas City Southern (KSU) reporting a strong positive earnings surprise earlier this week.
Lower prices pushed the aluminum products maker to a first quarter loss and the results fell short of forecasts. The equipment rental company's first quarter profit and revenue beat forecasts on gains across geographic regions. The shoe company's first quarter sales fell short of forecasts and it issued a weak revenue outlook for the year.
On a day when Pinterest stock went public and Zoom also launched a widely watched IPO, the stock market shook off early weakness and closed higher Thursday.
The stock market churned. A Qualcomm-Apple deal led chips. Medical stocks dived on UnitedHealth. Software names fell. Netflix subscriber guidance was light. Rail stocks rallied on earnings.
Industrial sector exchange traded funds were leading the charge Thursday after Union Pacific (NYSE: UNP) announced strong quarterly profits and Honeywell (NYSE: HON) provided an optimistic forward guidance. ...
Union Pacific reported better-than-expected earnings early Thursday though revenue well short, capping a big week for rail operators. Union Pacific stock rose through a buy point. Kansas City Southern cleared a new entry point Wednesday after earnings topped estimates.
It's the same action that we've had for much of this week. Stocks press lower near the open only to recover by lunch and push higher in the afternoon. The gains aren't remarkable, but the bulls' resilience is something to take note of. The sector rotation underway also remains astounding. On that note, let's look at a few must-see stock charts for Monday.Remember, the U.S. markets are closed tomorrow for Good Friday. Must-See Stock Charts for Monday 1: InvitaeInvestorPlace - Stock Market News, Stock Advice & Trading TipsAbove is the daily chart for Invitae (NASDAQ:NVTA) and below is the weekly. This morning on Twitter, I pointed out that NVTA could post a sweet bounce, but I didn't think it would be this vicious.Shares ripped off of the 10-week and 50-day moving averages, gaining almost 8% from today's lows. This is definitely one to watch next week to see if the momentum can continue.I would have loved to buy NVTA at $21, but over $22 and NVTA could be primed for more upside. Must-See Stock Charts for Monday 2: BlackstoneBlackstone (NYSE:BX) delivered a strong earnings report and announced it will switch from a partnership to a corporation. Anyone ever own BX before? I have and waiting for a K-1 form that doesn't usually come until April is a pain the you-know-what. Switching to a corporation will make sense for the business and potentially make its stock more attractive to investors. Plus it has a monster yield.Could that cause a further breakout? Perhaps. Over $38 is encouraging for more upside, with long-term uptrend resistance not playing a role until the $40s. Below $38 and bulls may need to let BX reset. Above and it's okay. Must-See Stock Charts for Monday 3: Canopy GrowthAn explosive couple of days have put Canopy Growth (NYSE:CGC) back on the radar. But if the strong rally on Wednesday and Thursday proved anything to me, it's how tough of resistance $38 is.I'm watching CGC next week to see if the stock can pierce this level. If it can, it would be very bullish to see CGC find $38 as support. As long as it holds $44, CGC should be good on the long side. Must-See Stock Charts for Monday 4: Union PacificBetter than expected earnings propelled Union Pacific (NYSE:UNP) to new 52-weeks high on Thursday. There sure are a lot of bearish calls out there despite so many names hitting new annual highs.Anyway, as long as UNP stock holds $160 next week, the bull case still looks strong. A pullback to the 10-week moving average that holds as support can be bought, while a run to channel resistance is possible over the intermediate term. Must-See Stock Charts for Monday 5: PinterestThe Pinterest (NYSE:PINS) and Zoom (NASDAQ:ZM) IPOs got off to a much better start than Lyft (NASDAQ:LYFT) did, currently up 30% and 75% on the day, respectively.For investors, there a lot less volatile plays out there than these fresh IPOs. But if you have to play them, investors at least have the IPO day range to work with. A red-to-green open on Monday could draw in more buyers for PINS, while a push through the highs could ad even more momentum to the name. * The Jobs Report Isn't an Effective Metric for the U.S. Economy If it's too short term for you, don't have any regrets about giving it more time to base. (Here are 13 things to know about the Pinterest IPO).Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long NVTA. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post 5 Must-See Stock Charts for Monday: CGC, PINS, NVTA, UNP, BX appeared first on InvestorPlace.
Union Pacific's first quarter profit chugged ahead 6% even though the railroad hauled 2% fewer carloads and dealt with massive flooding. The Omaha, Nebraska-based railroad said Thursday it earned $1.39 billion, or $1.93 per share. The nine analysts surveyed by Zacks Investment Research expected Union Pacific Corp. to report earnings of $1.89 per share.
The company turned in a decent performance despite late winter and early spring impacts that impeded rail traffic.
Union Pacific's (NYSE: UNP) first quarter net profit rose nearly 8 percent despite lower revenue. First quarter 2019 net income increased 7.7 percent to $1.4 billion, or $1.93 per diluted share, compared with $1.3 billion, or $1.68 per diluted share in the first quarter of 2018. Meanwhile, revenue in the first quarter of 2019 fell 2 percent to $5.4 billion as freight revenues also declined by 2 percent.
Union Pacific Stock Rose Due to Upbeat Q1 Earnings(Continued from Prior Part)Outperformed broader market Union Pacific (UNP) shares have risen ~22.5% YTD (year-to-date) as of April 17. Union Pacific has outperformed the broader market. Major US
Union Pacific's (UNP) first-quarter 2019 results benefits from lower costs. The decrease in freight revenues is, however, a negative.
Union Pacific Stock Rose Due to Upbeat Q1 EarningsEarnings beat the estimates Union Pacific (UNP) stock was trading ~3% higher during the pre-market trading session on April 18. The company reported strong first-quarter bottom-line results. Union
Union Pacific (UNP) delivered earnings and revenue surprises of 2.12% and -1.67%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
were rising Thursday after the railroad company posted better-than-expected first-quarter earnings but a slight sales miss. Earnings per share for the first quarter of 2019 were $1.93, beating analysts' estimates of $1.88. The company's operating ratio improved 1 percentage point to 63.3% in the quarter from a year earlier.
Investing.com - Union Pacific (NYSE:UNP) reported first quarter earnings that Beat analysts' expectations on Thursday and revenue that fell short of forecasts.
Investing.com -- U.S. stock markets were set to open lower on Thursday, after weak European data and reports of a new North Korean weapons test challenged assumptions that the macro backdrop is changing for the better.
Union Pacific chairman and CEO Lance Fritz joins "Squawk on the Street" to discuss the U.S. economy and the company's Q1 earnings.