earnings
confidence high
sentiment neutral
materiality 0.75
Union Pacific Q3 2022: EPS $3.05 ($3.19 adj); revenue $6.6B +18%; OR 59.9% (adj 58.2%)
UNION PACIFIC CORP
2022-Q3 EPS reported
$8.54
revenue$18,695,000,000
- Net income $1.9B ($3.05 diluted EPS); adjusted EPS $3.19 vs $2.57 in Q3 2021.
- Operating revenue $6.6B, +18% YoY; adjusted operating income $2.7B, +13%.
- Operating ratio 59.9% reported; adjusted OR 58.2% deteriorated 190 bps (fuel benefit 70 bps).
- Repurchased 9.5M shares for $2.1B in Q3; FY2022 share repurchase guidance $6.5B.
- FY2022 guidance: carload growth ~3%, reported OR ~60%, capex $3.4B.