Earnings Alerts

Union Pacific (UNP) Earnings: 2Q EPS Surpasses Estimates with $2.74 vs. $2.72

  • Union Pacific’s Q2 Earnings Per Share (EPS) are $2.74, higher than last year’s $2.57 and above the estimate of $2.72.
  • Operating revenue is up 0.7% year-over-year (y/y) at $6.01 billion but slightly below the estimate of $6.06 billion.
  • Bulk freight revenue decreased by 2% y/y to $1.72 billion, falling short of the $1.75 billion estimate.
  • Industrial freight revenue saw a 1.8% increase y/y to $2.12 billion, just under the $2.14 billion estimate.
  • Premium freight revenue rose by 3.9% y/y to $1.79 billion, narrowly missing the $1.8 billion estimate.
  • Intermodal revenue grew by 3.1% y/y to match the estimate at $1.14 billion.
  • Total freight revenue increased by 1.2% y/y to $5.64 billion, slightly below the $5.69 billion estimate.
  • Union Pacific’s operating ratio improved to 60%, better than last year’s 63% and in line with the 60.5% estimate.
  • Revenue per carload increased by 0.7% y/y to $2,768, though it did not meet the $2,805 estimate.
  • Analysts currently rate the stock with 18 buys, 12 holds, and 0 sells.

Union Pacific on Smartkarma

On Smartkarma, Baptista Research analysts provide valuable coverage of Union Pacific Corporation, a top railroad operator in the United States. In their report titled “Union Pacific Corporation: Will Its Improving Network Capability & Infrastructure Investment Pay Off? – Major Drivers,” they highlight the company’s success in Q1 2024, showcasing notable growth in operating revenue and net income. Despite facing economic challenges like reduced volumes and lower fuel surcharge revenues, Union Pacific‘s core pricing gains and strong financial performance stand out. The Q1 2024 net income of USD 1.6 billion signals positive momentum, reflecting steady growth compared to the previous year.

Furthermore, Baptista Research‘s analysis in “Union Pacific Corporation: Renewal Strategy for Locomotives – Major Drivers,” delves into the company’s financial results for Q4 2023 and the full year, shedding light on its operating performance. With a Q4 net income of $1.7 billion or $2.71 per share, up from the previous year, Union Pacific demonstrates resilience and improvement. Despite flat revenue and costs, the company’s enhanced operating ratio indicates increased efficiency. This insightful coverage by Baptista Research provides investors with valuable perspectives on Union Pacific‘s strategies and financial health.


A look at Union Pacific Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Union Pacific shows a promising long-term outlook. With strong scores in growth and dividend, the company is positioned for future expansion and shareholder returns. The growth score of 4 indicates the company’s potential for increasing revenues and market share over time, while the dividend score of 3 signals a stable payout to investors. However, weaknesses in value and resilience scores suggest areas where Union Pacific may need to focus on improving operational efficiency and risk management.

Union Pacific Corporation, a leading rail transportation company, operates a vast network that transports a wide range of goods across the United States. The company’s strategic positioning connecting major ports and gateways underscores its importance in the transportation industry. While Smartkarma Smart Scores provide insights into specific aspects of the company’s performance, considering Union Pacific‘s extensive reach and role in facilitating trade, investors may view the company’s long-term prospects favorably.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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