{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-020647","form_type":"8-K","ticker":"UNP","cik":"0000100885","company_name":"UNION PACIFIC CORP","filed_at":"2023-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.849589+00:00","generated_at":"2026-06-13T02:04:26.414090+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Union Pacific Q2 EPS $2.57 vs $2.93 YoY; revenue down 5% to $6B","bullets":["Net income $1.6B ($2.57 diluted EPS) vs $1.8B ($2.93) in Q2 2022.","Operating revenue $6B, down 5% on reduced fuel surcharge, lower volumes, mix.","Operating ratio 63.0%, up 280 bps; includes 110 bps impact from one-time labor payment.","Freight car velocity improved 8% to 202 daily miles per car; derailment rate improved 9%.","Appointed Jim Vena as CEO, Beth Whited as president, Mike McCarthy as chairman; no further share repurchases in 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-020647","json":"https://secwatch.observer/filing/0001437749-23-020647.json","markdown":"https://secwatch.observer/filing/0001437749-23-020647.md","text":"https://secwatch.observer/filing/0001437749-23-020647.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/100885/000143774923020647/0001437749-23-020647-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/100885/000143774923020647/unp20230622_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:04:26.414090+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":"87016e136dc6c50e04c1c80bad437ac1f13edef8","claim":"UNION PACIFIC CORP reported quarter ended June 30, 2023 results: revenue $6 billion, net income $1.6 billion, EPS $2.57 per diluted share. Guidance lowered.","evidence_excerpt":"Pricing Gains Offset by Reduced Fuel Surcharge Revenue, Lower Volumes, and an Unfavorable Business Mix Second Quarter 2023 Compared to Second Quarter 2022 ● Operating revenue of $6 billion was down 5% driven by reduced fuel surcharge revenue, lower volumes, and an unfavorable business mix, partially offset by core pricing gains. ● Business volumes, as measured by","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/100885/000143774923020647/0001437749-23-020647-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended June 30, 2023"},{"label":"Revenue","value":"$6 billion"},{"label":"Net income","value":"$1.6 billion"},{"label":"EPS","value":"$2.57 per diluted share"},{"label":"Guidance","value":"lowered"},{"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"}