Union Pacific (UNP) Q3 Earnings and Revenues Beat Estimates

Core Insights - Union Pacific (UNP) reported quarterly earnings of $3.08 per share, exceeding the Zacks Consensus Estimate of $2.99 per share, and up from $2.75 per share a year ago, representing an earnings surprise of +3.01% [1][2] - The company generated revenues of $6.24 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.16% and showing an increase from $6.09 billion year-over-year [2] - Union Pacific has outperformed consensus EPS estimates three times over the last four quarters and has topped revenue estimates twice in the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $3.04 on revenues of $6.24 billion, while for the current fiscal year, the estimate is $11.74 on revenues of $24.66 billion [7] - The estimate revisions trend for Union Pacific was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Transportation - Rail industry, to which Union Pacific belongs, is currently in the bottom 10% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]