earnings
confidence high
sentiment positive
materiality 0.80
Union Pacific Q1 2022 EPS $2.57, revenue up 17%, operating ratio improves to 59.4%
UNION PACIFIC CORP
2022-Q1 EPS reported
$2.57
revenue$5,860,000,000
- Diluted EPS of $2.57, net income $1.6B, up from $2.00 and $1.3B in Q1 2021.
- Operating revenue $5.9B (+17%), operating income $2.4B (+19%), operating ratio 59.4% (improved 70bps).
- Volume up 4% as measured by revenue carloads; pricing and fuel surcharge drove revenue growth.
- Repurchased 11.0 million shares for $2.8B during the quarter.
- Guidance: operating ratio targeted to start with '55'; capital spending affirmed at $3.3B.