secwatch.observer — SEC 8-K summary
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Issuer:     UNION PACIFIC CORP (UNP)
CIK:        0000100885
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001437749-24-013124
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Union Pacific Q1 EPS $2.69 (+1%); operating income record $2.4B, OR improves 140 bps
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100885/000143774924013124/0001437749-24-013124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100885/000143774924013124/unp20240304_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-013124

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