secwatch.observer — SEC 8-K summary
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Issuer:     UNION PACIFIC CORP (UNP)
CIK:        0000100885
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0001437749-23-010684
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Union Pacific Q1 EPS $2.67, revenue up 3% to $6.1B; operating ratio worsens 270 bps
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100885/000143774923010684/0001437749-23-010684-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100885/000143774923010684/unp20230323_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-010684

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer