Why was Union Pacific the earnings report to watch?
Jim Cramer broke down why he thinks that Union Pacific is so important for investors.
When asked on Monday, Oct. 22, whether Cramer had a specific earnings report for investors to watch, he didn't even pause before answering, "Union Pacific."
She wrote, "The Omaha, Neb.-based railroad company reported earnings of $2.15 a share, beating analysts' estimates of $2.10 a share. Revenue rose 9.6% to $5.93 billion, which also surpassed forecasts calling for $5.91 billion."
Cramer gave his take on the earnings, saying that he believes it's an important stock to watch for any investor tackling this volatile market.
Union Pacific is up over 22% in the last year.
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