{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-010684","form_type":"8-K","ticker":"UNP","cik":"0000100885","company_name":"UNION PACIFIC CORP","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.571644+00:00","generated_at":"2026-06-16T22:05:30.484254+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Union Pacific Q1 EPS $2.67, revenue up 3% to $6.1B; operating ratio worsens 270 bps","bullets":["EPS diluted $2.67, net income $1.6B; Q1 record operating revenue $6.1B (+3% YoY) driven by fuel surcharge and core pricing.","Operating ratio 62.1% deteriorated 270 bps; operating income down 3% to $2.3B on inflation and weather costs.","Carloads down 1% YoY; reportable derailment rate improved 10% to 2.21 per million train miles.","Maintains full-year guidance: operating ratio improvement, pricing > inflation, capex $3.6B (<15% revenue)."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-010684","json":"https://secwatch.observer/filing/0001437749-23-010684.json","markdown":"https://secwatch.observer/filing/0001437749-23-010684.md","text":"https://secwatch.observer/filing/0001437749-23-010684.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/100885/000143774923010684/0001437749-23-010684-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/100885/000143774923010684/unp20230323_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T22:05:30.484254+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cdbe78b39af77ec430c8d9e45120d3878822af20","claim":"UNION PACIFIC CORP reported the quarter ended March 31, 2023 results: revenue $6.1 billion, net income $1.6 billion, EPS $2.67 per diluted share. Guidance reaffirmed.","evidence_excerpt":"Impact Cost Structure; First Quarter Records for Operating Revenue, Net Income, and Earnings Per Share First Quarter 2023 Compared to First Quarter 2022 ● Operating revenue of $6.1 billion was up 3% driven by higher fuel surcharge revenue and core pricing gains, partially offset by a negative business mix and volume declines. ● Business volumes, as measured by","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/100885/000143774923010684/0001437749-23-010684-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$6.1 billion"},{"label":"Net income","value":"$1.6 billion"},{"label":"EPS","value":"$2.67 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}