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 ...

The first containers arrive for transload at the Port of Nevada. Port of Nevada and IRG team members pose for pictures during the project kickoff celebration for the intermodal inland port site. Aerial view of Port of Nevada kickoff event on June 11th. Nearly 100 partners and community members attended the celebration. IRG, Union Pacific Railroad, the CMA CGM Group, and Port of Oakland collaborate, offering efficient, environmentally conscious international shipping FERNLEY, Nev., June 12, 2024 /PRNewswire/ ...

UNP stock has witnessed gains of 15% from levels of $210 in early January 2021 to around $245 now, while PM stock has witnessed gains of 20% from $85 to $100 over the same period. In comparison, the S&P 500 has seen a 40% rise over this roughly three-year period. However, the increase in these stocks has been far from consistent. Returns for UNP stock were 21% in 2021, -18% in 2022, and 19% in 2023, while that for PM were 15%, 7%, and -7% over the same period, respectively. In comparison, returns for the S& ...

Union Pacific Corporation (NYSE:UNP) Wolfe's 17th Annual Global Transportation & Industrials Conference May 21, 2024 8:35 AM ET Company Participants Jim Vena - Chief Executive Officer Jennifer Hamann - Chief Financial Officer Kenny Rocker - Executive Vice President of Marketing and Sales Conference Call Participants Scott Group - Wolfe Research Scott Group I'm really happy to have from the UP team Jim Vena, the CEO; Jennifer Hamann, CFO; and Kenny Rocker, EVP of Marketing and Sales. I'm going to pass it off ...

Union Pacific Corporation (NYSE:UNP) Wolfe’s 17th Annual Global Transportation & Industrials Conference May 21, 2024 8:35 AM ET Company Participants Jim Vena - Chief Executive Officer Jennifer Hamann - Chief Financial Officer Kenny Rocker - Executive Vice President of Marketing and Sales Conference Call Participants Scott Group - Wolfe Research Scott Group I'm really happy to have from the UP team Jim Vena, the CEO; Jennifer Hamann, CFO; and Kenny Rocker, EVP of Marketing and Sales. I'm going to pass it off ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Exact name of registrant as specified in its charter) Utah 13-2626465 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...

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 ...