Group 1 - iREIT+HOYA Capital focuses on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1] - Texas Pacific Land (TPL) is highlighted as a top investment due to its revenue generation from oil and gas royalties [2] Group 2 - The article emphasizes the importance of land as a valuable investment, referencing the saying "Buy land, because they're not making any more of it" [2]

Union Pacific Corp. UNP is demonstrating a clear acceleration in its operational and financial performance, fueled by significant productivity gains and a strong earnings beat in its latest quarter. This resurgence, coupled with strategic advancements and a dividend increase, signals a strong trajectory for the rail giant amid evolving market dynamics.Bank of America Securities (BofA) analyst Ken Hoexter reiterated a Buy rating on Union Pacific Corp. and raised the price forecast to $271 from $262, citing g ...

Core Insights - Canadian National Railway Company (CNI) reported second-quarter 2025 results with earnings and revenues falling short of Zacks Consensus Estimate, leading to a 4.9% decline in stock price since the earnings release on July 22 [1] Financial Performance - Earnings per share (EPS) were $1.35 (C$1.87), missing the Zacks Consensus Estimate of $1.37 and remaining flat year-over-year [3] - Revenues for Q2 2025 were $3.09 billion (C$4.3 billion), below the Zacks Consensus Estimate of $3.16 billion, and declined 2.4% year-over-year [3] - Revenue ton-miles (RTMs) decreased by 1% year-over-year, while carloads dropped by 0.4% [4] - Operating expenses fell by 5.2% year-over-year due to cost-cutting measures [4] - Operating income grew by 4.9% compared to Q2 2024, with the operating ratio improving by 0.5 points to 61.7% [5] Segment Performance - Freight revenues, which accounted for 95.7% of total revenues, decreased by 1.5% year-over-year [6] - Specific declines in freight revenues included petroleum and chemicals (-5%), metals and minerals (-7%), forest products (-8%), intermodal (-3%), and automotive (-6%) [6] - Revenues from grain and fertilizers increased by 13% year-over-year, while coal revenues remained flat [6][7] Liquidity and Capital Management - CNI ended Q1 2025 with cash and cash equivalents of C$216 million, down from C$389 million at the end of Q4 2024 [9] - Long-term debt decreased to C$19.3 billion from C$19.7 billion at the end of December 2024 [9] - CNI generated C$1.75 billion from operating activities, with free cash flow at C$922 million [9] - Under its current Normal Course Issuer Bid (NCIB), CNI may repurchase up to 20 million common shares, having repurchased 2.2 million shares for $300 million as of March 31, 2025 [10] Outlook - For full-year 2025, CNI anticipates mid to high-single-digit adjusted EPS growth, revised down from a previous guidance of 10%-15% [11] - CNI plans to invest approximately C$3.4 billion in its capital program, net of customer reimbursements [11] - The company has withdrawn its financial outlook for the 2024-2026 period due to macroeconomic uncertainty [11]

Wall Street analysts forecast that Canadian Pacific Kansas City (CP) will report quarterly earnings of $0.82 per share in its upcoming release, pointing to a year-over-year increase of 6.5%. It is anticipated that revenues will amount to $2.79 billion, exhibiting an increase of 5.8% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.4% to its current level. This demonstrates the covering analysts' collective reassessment of their ...

A merger of one of the West Coast railroads with its East Coast brethren has long been a holy grail. Railroads are out of better ideas to grow their business. https://t.co/St5zDKBZ4p ...

Core Viewpoint - The article discusses Union Pacific Corporation (NYSE: UNP) as a significant dividend growth investment, highlighting its importance in the author's portfolio since the pandemic-related lockdowns in 2020 [1]. Group 1 - Union Pacific Corporation is identified as the fifth-largest dividend growth investment for the author [1]. - The company was one of the first investments made after the initial pandemic lockdowns in 2020 [1].

Core Insights - Union Pacific Corporation (UNP) reported second-quarter 2025 earnings of $3.03 per share, exceeding the Zacks Consensus Estimate of $2.91, marking a 10.6% year-over-year improvement driven by strong operational efficiency [1][10] - Operating revenues reached $6.2 billion, slightly surpassing the Zacks Consensus Estimate of $6.1 billion, with a year-over-year increase of 2.5% attributed to higher volumes and solid core pricing gains [2][10] Financial Performance - Freight revenues, which constitute 95% of total revenues, increased by 4% to $5.8 billion, exceeding the estimate of $5.67 billion, while other revenues fell by 16% to $311 million [3] - Total operating expenses rose by 1% year-over-year to $3.6 billion, with fuel expenses decreasing by 8% and compensation and benefits expenses increasing by 5% [4] - The operating ratio improved by 230 basis points year-over-year to 58.1% on an adjusted basis [4] Segment Performance - Bulk freight revenues increased by 10% year-over-year to $1.9 billion, with segmental revenue carloads rising by 11% [5] - Industrial freight revenues totaled $2.2 billion, up 4% year-over-year, while Premium division freight revenues decreased by 4% to $1.73 billion [6] Liquidity and Debt - Union Pacific ended the second quarter of 2025 with cash and cash equivalents of $1.06 billion, up from $1 billion at the end of 2024, while debt increased to $30.3 billion from $29.6 billion [7] Merger Discussions - Union Pacific is in advanced discussions with Norfolk Southern (NSC) regarding a potential business combination, although no further details have been disclosed [8][9]

Pre-market futures right now are split, but weakening. Understandable, as we have seen record high closes on the S&P 500 so far this year in double digits, mostly in just the past couple weeks. Profit-taking wouldn’t be the craziest idea anyone had from current levels, and considering the morning’s data remains strong, we don’t see anything else pushing market futures down.Only the tech-heavy (AI-trade-heavy) Nasdaq is in the green at this hour, +42 points, +0.18%. This itself is off early-morning highs nea ...

Key Takeaways CSX reported Q2 EPS of 44 cents, beating estimates but declining 10.2% year over year.Revenue dropped 3.4% to $3.57B, hurt by weak coal pricing and lower fuel surcharge revenue.CSX sees easing revenue headwinds in H2 and remains focused on productivity and infrastructure upgrades.CSX Corporation (CSX) reported mixed second-quarter 2025 results wherein the company’s earnings beat the Zacks Consensus Estimate, but revenues missed the same. Quarterly earnings per share of 44 cents beat the Zacks ...

Thursday, July 24, 2025Pre-market futures right now are split, but weakening. Understandable, as we have seen record high closes on the S&P 500 so far this year in double digits, mostly in just the past couple weeks. Profit-taking wouldn’t be the craziest idea anyone had from current levels, and considering the morning’s data remains strong, we don’t see anything else pushing market futures down.Only the tech-heavy (AI-trade-heavy) Nasdaq is in the green at this hour, +42 points, +0.18%. This itself is off ...