secwatch.observer — SEC 8-K summary
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Issuer:     UNION PACIFIC CORP (UNP)
CIK:        0000100885
Form:       8-K
Filed at:   2023-01-24T23:59:59+00:00
Accession:  0001437749-23-001638
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Union Pacific Q4 EPS $2.67 vs $2.66; revenue $6.2B (+8%). FY22 EPS $11.21 vs $9.95; revenue $24.9B (+14%).
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- Q4 EPS $2.67 (flat vs $2.66); revenue $6.2B +8%; operating income $2.4B -1%; operating ratio 61.0% worsened 360 bps.
- FY22 EPS $11.21 vs $9.95; revenue $24.9B +14%; operating income $9.9B +6%; operating ratio 60.1% worsened 290 bps.
- Service metrics declined: freight car velocity down 6% FY, locomotive productivity down 6% FY.
- Fuel consumption rate improved to record 1.078 gallons/thousand GTMs FY (-1%).
- 2023 guidance: carloads to exceed industrial production; operating ratio improvement; capital plan $3.6B; dividend target ~45% of earnings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100885/000143774923001638/0001437749-23-001638-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100885/000143774923001638/unp20221219b_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-001638

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