Burlington Northern Santa Fe Earnings Call, Second Quarter 2008
Author: Godwin Gwetu
123jump.com
Last Update: 2:37 AM ET July 31 2008
The railroad operator generated second quarter freight revenues which were $613 million or 16% higher than the second quarter of 2007. The revenue increase was mainly due to improved yields and an increase in fuel surcharges. The quarterly earnings were $1 per share in comparison with $1.20 per share in the same period last year. The management reported that the company has spent about $640 million on the share repurchase program year-to-date.
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
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