Union Pacific cites inflation, cargo declines in Q3 earnings

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Union Pacific Corp. (UNP) stock jolts up Thursday morning on the freight company's mixed third-quarter earnings. Missing on revenue — reporting $5.94 billion...

) stock jolts up Thursday morning on the freight company's mixed third-quarter earnings. Missing on revenue — reporting $5.94 billion and falling short of analyst expectations of $5.99 billion — the railroad operator cites inflationary pressures and declining car loads to impact its overall third-quarter earnings.

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