Union Pacific (UNP) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Union Pacific reported revenue of $6.15 billion for the quarter ended June 2025, reflecting a 2.5% increase year-over-year and a surprise of +0.72% over the Zacks Consensus Estimate of $6.11 billion [1] - Earnings per share (EPS) reached $3.03, up from $2.74 in the same quarter last year, surpassing the consensus EPS estimate of $2.89 by +4.84% [1] Financial Performance Metrics - Operating Ratio was reported at 59%, slightly better than the five-analyst average estimate of 59.5% [4] - Average revenue per car for Bulk was $3,659, compared to the four-analyst average estimate of $3,700.32 [4] - Revenue Carloads for Bulk were 519 thousand, exceeding the average estimate of 493.75 thousand [4] - Average revenue per car for Industrial Products was $3,885, slightly below the average estimate of $3,891.73 [4] - Freight Revenues for Bulk totaled $1.9 billion, surpassing the average estimate of $1.83 billion, marking a +10.5% year-over-year change [4] - Operating Revenues from Other revenues were $311 million, below the average estimate of $335.95 million, reflecting a -15.7% year-over-year change [4] - Freight Revenues for Industrial Products reached $2.21 billion, slightly above the average estimate of $2.18 billion, with a +4.2% year-over-year change [4] - Freight Revenues for Premium were $1.73 billion, matching the average estimate, but down -3.6% compared to the year-ago quarter [4] - Total Freight Revenues were $5.84 billion, exceeding the average estimate of $5.76 billion, with a +3.6% year-over-year change [4] - Freight Revenues for Forest products were $340 million, slightly below the average estimate of $341.76 million, reflecting a -0.6% year-over-year change [4] - Freight Revenues for Energy & specialized markets were $665 million, below the average estimate of $699.68 million, with a +1.1% year-over-year change [4] - Freight Revenues for Intermodal were $1.1 billion, slightly below the average estimate of $1.12 billion, down -3.3% compared to the year-ago quarter [4] Stock Performance - Union Pacific shares returned +1.9% over the past month, while the Zacks S&P 500 composite increased by +5.7% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]