Although the revenue and EPS for Union Pacific (UNP) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Union Pacific (UNP) came out with quarterly earnings of $2.74 per share, beating the Zacks Consensus Estimate of $2.70 per share. This compares to earnings of $2.57 per share a year ago.
Union Pacific Stock (NYSE: UNP) will report its Q2 2024 results on Thursday, July 25. We expect the company's revenues to come in at $6.10 billion and earnings of $2.73, slightly higher than the consensus estimates of $6.06 billion and $2.71, respectively.
Investors interested in the Transportation stocks can watch out for second-quarter 2024 earnings reports of UNP, NSC, LUV and AAL, which are slated to be released on Jul 25.
Union Pacific's (UNP) bottom line benefits from the cost-cutting approach. Shareholder-friendly efforts bode well.
Union Pacific's (UNP) consistent efforts to reward its shareholders through dividend hikes highlight its financial bliss.
Union Pacific (UNP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Union Pacific's (UNP) Q2 performance is expected to be adversely impacted by the freight market downturn.
The complicated and capital-intensive nature of operating a railway network creates high barriers to entry. Union Pacific is managing costs, but a slowdown in freight volume is weighing on the business.
Union Pacific stock (NYSE: UNP) currently trades at $222 per share, around 20% below its level of $277 in March 2022. In comparison, its peer – CSX stock (NYSE: CSX) saw its stock fall by 8% over the same period.
Union Pacific (UNP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Union Pacific Corporation (NYSE:UNP ) NYSE/Bank of America London Investor Conference June 25, 2024 9:00 AM ET Company Participants Jim Vena - Chief Executive Officer Jennifer Hamaan - Chief Financial Officer Conference Call Participants Ken Hoexter - BofA Ken Hoexter To the next session in the New York Stock Exchange and BofA Conference here in London. Thank you for taking the time to join us.