earnings
confidence high
sentiment neutral
materiality 0.65
Union Pacific Q2 EPS $2.93, revenue up 14% to $6.3B; operating ratio worsens to 60.2%
UNION PACIFIC CORP
2022-Q2 EPS reported
$5.50
revenue$12,129,000,000
- Net income $1.8B ($2.93 diluted EPS) vs $1.8B ($2.72); revenue $6.3B, up 14% YoY.
- Operating ratio 60.2%, deteriorating 510 bps; fuel prices impacted by 130 bps.
- Carloads down 1%; freight car velocity -12%, locomotive productivity -12%.
- Repurchased 3.1M shares for $722M in the quarter.
- Guidance: full year carload growth 4-5%, operating ratio ~58%, second half incremental margins ~50%.