Notably, shares of UNP have gained 12.1% over the past year compared with 6.7% growth of the industry. UNP is not the only player from the Zacks Transportationsector that has rewarded its shareholders with dividend payouts or share buyback programs. To name a few, on Jul 12, 2024, Ryder System, Inc. (R) board of directors approved a dividend hike of 14.1%, thereby raising its quarterly cash dividend to 81 cents per share ($3.24 annualized) from 71 cents ($2.84 annualized). The raised dividend will be paid o ...

Financial Performance - Operating revenues for Union Pacific (UNP) reached $6.03 billion, slightly exceeding the Zacks Consensus Estimate of $6 billion, but reflecting a year-over-year decline of 0.41% [1] - Freight revenues, which constitute 93.2% of total revenues, decreased by 1% to $5.62 billion [1] - Total operating expenses amounted to $3.66 billion, showing a year-over-year decline of 3% [1] Earnings Estimates - The Zacks Consensus Estimate for UNP's upcoming quarter's earnings has been revised downward by 1.81% to $2.71 per share, while revenue estimates are set at $6.07 billion, indicating a growth of 1.8% from the previous year [5] - Freight revenue estimates are projected at $5.7 billion, remaining roughly flat compared to the first quarter of 2024, while other revenue estimates are at $364 million, reflecting a 12.3% decrease from the first quarter of 2024 [6] Cost Management - To counteract the revenue decline from the freight downturn, Union Pacific is implementing cost-cutting measures, with adjusted operating expenses expected to decline by 1.5% from the second quarter of 2023 [7] Earnings Surprise History - Union Pacific has a strong earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the last four quarters, with an average beat of 2.34% [11]

Core Insights - Myriad Uranium Corp. has initiated a ground magnetometer survey over the Canning Deposit, part of the Copper Mountain Uranium Project in Wyoming, with plans for an 84-hole exploration drill program later this summer [3][12][25] Group 1: Survey and Drilling Plans - The ground magnetometer survey will cover 571 acres with a line spacing of 25 meters, totaling 104.8 line-kilometers [2][28] - The drilling program will consist of 84 boreholes, with an average depth of 500 feet, and some holes planned to reach depths of 1,000 feet or more [15][25] - The primary goal of the survey and drilling is to convert historical uranium resources into current categories under National Instrument 43-101 [10][25] Group 2: Historical Context and Resource Estimates - The Copper Mountain Uranium Project has a significant historical resource, with estimates ranging from 15.7 to 30.1 million pounds of eU3O8, and potential targets exceeding 65 million pounds [24][26] - Historical drilling by Union Pacific in the 1970s included approximately 2,000 boreholes and the discovery of 7 uranium deposits [23][24] - The project area has seen extensive exploration and development, with Union Pacific investing approximately US$78 million (2024 dollars) [23][26] Group 3: Future Goals and Expectations - The company aims to report a maiden mineral resource estimate by the end of Q1 2025 and continue intensive drilling thereafter [14][30] - Myriad's CEO emphasized the potential for significant resource expansion and improved understanding of the project's mineralization compared to previous assessments [9][30] - The focus of the 2024 field program will be on the 'High Grade Zone' associated with the Canning Fault zone [29][30]

With 62 consecutive years of dividend raises, Coca-Cola is one of the safest and most consistent Dividend Kings. Its high yield, track record, and recession-resistant business model make Coke the embodiment of a blue chip dividend stock. Railroads have unique business models. Unlike trucks and ships, they operate their own infrastructure and tend to dominate a particular geography. Their cost-effectiveness makes them a preferred method for transporting goods on land. Union Pacific stock has gone nowhere ove ...

. Myriad Uranium Reports on Site Visit to Copper Mountain Uranium Project, Wyoming, USA Vancouver, British Columbia--(Newsfile Corp. - July 12, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad Uranium" or the "Company") is pleased to report on a recent site visit to the Copper Mountain Uranium Project (the "Project"), located in Wyoming, USA. The site visit was conducted by Thomas Lamb, Chief Executive Officer of the Company, and George van der Walt, a Qualified Person and member of ...

Union Pacific stock (NYSE: UNP) currently trades at $222 per share, around 20% below its level of $277 in March 2022. In comparison, its peer – CSX stock (NYSE: CSX) saw its stock fall by 8% over the same period. Union Pacific saw its stock trading at around $213 at the end of June 2022, just before the Fed started increasing rates, and is now marginally above that level. In comparison, the S&P 500 gained 47% during this period. The underperformance for UNP can be attributed to a decline in the volume of ca ...

"As local demand for grain grows, this investment will allow us to supply product efficiently from regions of surplus to customers in the West Texas area," stated Rayner Freyberg, CEO US & Mexico for Viterra. "As we've shown with our previous investments in the area, and now this facility in Dalhart, Viterra is committed to serving its growers and customers and finding solutions in an ever-changing landscape." About Union Pacific By their nature, forward-looking statements involve known and unknown risks an ...

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Most Powerful Force Impacting Stock Prices Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment de ...

Union Pacific Corporation (NYSE:UNP) NYSE/Bank of America London Investor Conference June 25, 2024 9:00 AM ET Company Participants Jim Vena - Chief Executive Officer Jennifer Hamaan - Chief Financial Officer Conference Call Participants Ken Hoexter - BofA Ken Hoexter To the next session in the New York Stock Exchange and BofA Conference here in London. Thank you for taking the time to join us. I'm Ken Hoexter, BofA's air freight and surface transportation and shipping analyst. With us from Union Pacific, we ...

Zacks Rank Union Pacific's (UNP) cost-cutting approach is boosting the company's bottom line. UNP's efforts to reward its shareholders are also commendable. However, the freight market downturn is severely impacting the top line. To mitigate the revenue decline from the freight downturn, Union Pacific focuses on cost-cutting measures to improve its bottom line. The company enhances efficiency by deploying longer trains and increasing freight car velocity. These cost-control efforts helped keep operating exp ...