secwatch.observer — SEC 8-K summary
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Issuer:     UNION PACIFIC CORP (UNP)
CIK:        0000100885
Form:       8-K
Filed at:   2026-07-23T11:46:39+00:00
Accession:  0000100885-26-000249
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Union Pacific Q2 2026 EPS $3.36, revenue up 12%; raises EPS growth outlook to high-single digit
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- Net income $2.0B (+6% YoY); diluted EPS $3.36 (+7%); adjusted diluted EPS $3.41 (+13%).
- Operating revenue $6.9B (+12%); freight revenue ex-fuel surcharge +4%; operating ratio 59.7% (adjusted 59.2%).
- 2026 EPS growth outlook raised to high-single digit; reaffirms 3-year CAGR target of high-single to low-double digit through 2027.
- Workforce productivity +5% to 1,176 car miles/employee; freight car velocity +5% to 231 daily miles; terminal dwell improved 7%.
- Capital plan affirmed at $3.3B; consistent annual dividend increases; pricing dollars exceed inflation dollars.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100885/000010088526000249/0000100885-26-000249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100885/000010088526000249/unp-20260723.htm
  HTML page:      https://secwatch.observer/filing/0000100885-26-000249

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer