The railroad is growing more efficient during a period of soft demand.Union Pacific (UNP 4.71%) managed to grow net income in a flat revenue environment, and investors are taking notice. Shares of the railroad company are up 5% as of 2:45 p.m. ET after Union Pacific topped earnings expectations.Progress in a "challenging" marketUnion Pacific earned $2.69 per share in the first quarter on revenue of $6.03 billion, ahead of Wall Street's $2.52 per share on sales of $5.98 billion guidance. Operating income was ...

Union Pacific Corporation’s (UNP) first-quarter 2024 earnings of $2.69 per share beat the Zacks Consensus Estimate of $2.50 per share. The bottom line improved 0.75% on a year-over-year basis. Results were aided by strong operational efficiency and favorable pricing.Operating revenues of $6.03 billion marginally beat the Zacks Consensus Estimate of $6 billion. The top line declined 0.41% on a year-over-year basis due to core pricing gains and business mix, offset by reduced fuel surcharge revenues and lower ...

Union Pacific Corporation (NYSE:UNP) Q1 2024 Results Conference Call April 25, 2024 8:45 AM ET Company Participants Jim Vena - Chief Executive Officer Jennifer Hamann - Chief Financial Officer Kenny Rocker - Executive Vice President of Marketing and Sales Eric Gehringer - Executive Vice President of Operations Conference Call Participants David Vernon - Bernstein Justin Long - Stephens Amit Mehrotra - Deutsche Bank Jon Chappell - Evercore ISI Ken Hoexter - Bank of America Ravi Shanker - Morgan Stanley Brian ...

Union Pacific (UNP) came out with quarterly earnings of $2.69 per share, beating the Zacks Consensus Estimate of $2.50 per share. This compares to earnings of $2.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.60%. A quarter ago, it was expected that this railroad would post earnings of $2.56 per share when it actually produced earnings of $2.71, delivering a surprise of 5.86%.Over the last four quarters, the company has ...

Financial Results: Improved Operational Efficiency and Core Pricing Gains Drive Increase in Operating Income; First Quarter Records for Operating Income and Net Income Operating Performance: Improvement Across Safety, Service, and Operational Excellence; First Quarter Record for Fuel Consumption Rate -more- ● First quarter earnings per diluted share of $2.69, up 1% ● First quarter operating income up 3% ● First quarter net income up1% Exhibit 99.1 Union Pacific Reports First Quarter 2024 Results Omaha, Neb. ...

Wall Street analysts forecast that Union Pacific (UNP) will report quarterly earnings of $2.53 per share in its upcoming release, pointing to a year-over-year decline of 5.2%. It is anticipated that revenues will amount to $6.06 billion, exhibiting an increase of 0.1% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial project ...

Union Pacific Corporation (UNP) is scheduled to report first-quarter 2024 results on Apr 25 before market open.The Zacks Consensus Estimate for first-quarter 2024 earnings has improved 0.80% over the past 60 days. UNP has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the preceding four quarters and missing once, the average beat being 1.41%.Given this backdrop, Let’s see how things have shaped up for UNP this earnings season.We expect Union Pacific’s perf ...

CHICAGO, April 17, 2024 /PRNewswire/ -- STG Logistics, a leading provider of transportation and logistics solutions, is pleased to announced an extended, long-term partnership with Union Pacific Railroad. The agreement builds upon three decades of STG and Union Pacific working together to deliver goods and products to consumers, while ensuring continuity and excellence within the nation's supply chain. "We are extremely excited about this partnership," said Tyler Holtgreven, Senior Vice President of Operati ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Union Pacific (UNP) , which belongs to the Zacks Transportation - Rail industry, could be a great candidate to consider.This railroad has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 4.15%.For the last reported quarter, Union Pacific came out wi ...

Sundry Photography/iStock Editorial via Getty Images Investment Thesis Union Pacific Corporation (NYSE:UNP) is rated as a buy as operations improve. We believe the new management will continue implementing significant improvements that will enable UNP to unlock superior shareholder returns. Previous management delivered a poor multi-year operational performance and at its current valuation, UNP is a long-term buy. Introduction UNP is one of the Class 1 freight railroad companies in the United States. Th ...