earnings
confidence high
sentiment positive
materiality 0.75
Union Pacific Q1 EPS $2.69 (+1%); operating income record $2.4B, OR improves 140 bps
UNION PACIFIC CORP
2024-Q1 EPS reported
$2.69
revenue$6,031,000,000
- Net income $1.6B ($2.69 diluted EPS), up 1% from $2.67 YoY; revenue flat at $6.0B.
- Operating ratio 60.7%, 140 bps better; operating income $2.4B, +3%.
- Restarting share repurchases in Q2; capital plan reaffirmed at $3.4B.
- Freight car velocity +4%, locomotive productivity +10%, fuel consumption rate improved 1%.
- Volume outlook muted due to intermodal loss, lower coal demand and soft economy.