secwatch.observer — SEC 8-K summary
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Issuer:     UNION PACIFIC CORP (UNP)
CIK:        0000100885
Form:       8-K
Filed at:   2023-10-19T23:59:59+00:00
Accession:  0001437749-23-028559
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Union Pacific Q3 EPS $2.51 vs $3.05 YoY; revenue down 10% to $5.9B
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- Net income of $1.5B ($2.51 diluted EPS) vs $1.9B ($3.05) in Q3 2022, a 21% decline.
- Operating revenue of $5.9B, down 10% on lower fuel surcharge revenue and volumes; carloads fell 3%.
- Operating ratio 63.4%, up 350 bps; operating income $2.2B, down 17%.
- Freight car velocity improved 5%; locomotive productivity up 4%; workforce productivity down 6%.
- 2023 outlook: volumes below Industrial Production; capital plan $3.7B; dividend maintained at $1.30/quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100885/000143774923028559/0001437749-23-028559-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100885/000143774923028559/unp20230808_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-028559

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