Union Pacific (UNP) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Core Viewpoint - Analysts project that Union Pacific (UNP) will report quarterly earnings of $2.89 per share, reflecting a year-over-year increase of 5.5%, with revenues expected to reach $6.11 billion, a 1.7% increase from the same quarter last year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted downward by 0.2%, indicating a reassessment by covering analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong relationship between earnings estimate revisions and short-term stock price performance [3]. Key Metrics Projections - Analysts estimate 'Freight Revenues- Bulk' will reach $1.83 billion, a year-over-year change of +6.1% [5]. - 'Operating Revenues- Other revenues' are expected to be $334.89 million, indicating a -9.2% change from the prior-year quarter [5]. - 'Freight Revenues- Industrial Products' is projected at $2.18 billion, reflecting a +2.6% change from the year-ago quarter [5]. - 'Freight Revenues- Premium' is expected to reach $1.73 billion, suggesting a -3.5% year-over-year change [6]. - The 'Operating Ratio' is projected at 59.5%, down from 60.0% in the same quarter last year [6]. - The consensus for 'Average revenue per car - Bulk' stands at $3700.32, slightly up from $3692.00 year-over-year [6]. - 'Revenue Carloads - Bulk' is expected to reach 493.75 thousand, compared to 466.00 thousand last year [7]. - 'Average revenue per car - Industrial Products' is projected at $3891.73, up from $3825.00 in the same quarter last year [7]. - 'Average revenue per car - Premium' is forecasted to be $1678.52, down from $1766.00 year-over-year [8]. - 'Revenue Carloads - Premium' is expected to reach 1.03 million, slightly up from 1.02 million last year [8]. - The total 'Revenue Carloads' is projected at 2.08 million, compared to 2.04 million in the same quarter last year [9]. Stock Performance - Over the past month, Union Pacific shares have returned +1.1%, while the Zacks S&P 500 composite has changed +5.4% [10]. - Currently, UNP holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [10].