We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Union Pacific Corporation (UNP - Free Report) , based in Omaha, NE, is the largest railroad in North America providing rail transportation services across more than 20 states in the U.S. Union Pacific also connects with Canada's rail systems and is the only railroad, serving all the six major gateways to Mexico.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: Union Pacific missed on earnings. Earnings per share came in at $1.36, short the Zacks Consensus Estimate of $1.39. Earnings declined 9% on a year-over-year basis.
Revenue: Operating revenues of $5,174 million edged past the Zacks Consensus Estimate of $5,141.8 million. Reduced freight revenues (down 7%) due to soft coal shipments hurt the top line which declined 7% year over year.
Key Stats to Note: Operating income in the third quarter witnessed a decline of 11% year over year to $2 billion. Operating ratio (defined as operating expenses as a percentage of revenues) came in at 62.1% as opposed to 60.3% a year-ago. During the quarter, the company bought back 9 million shares for $851 million.
Stock Price: The earnings miss disappointed the investors. Shares of the company were down in pre-market trading at the time of writing.
Check back later for our full write up on this Union Pacific earnings report later!
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Union Pacific (UNP) Misses on Q3 Earnings
Union Pacific Corporation (UNP - Free Report) , based in Omaha, NE, is the largest railroad in North America providing rail transportation services across more than 20 states in the U.S. Union Pacific also connects with Canada's rail systems and is the only railroad, serving all the six major gateways to Mexico.
Zacks Rank: Currently, Union Pacific has a Zacks Rank #2 (Buy) but that could change following the company’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: Union Pacific missed on earnings. Earnings per share came in at $1.36, short the Zacks Consensus Estimate of $1.39. Earnings declined 9% on a year-over-year basis.
UNION PAC CORP Price and EPS Surprise
UNION PAC CORP Price and EPS Surprise | UNION PAC CORP Quote
Revenue: Operating revenues of $5,174 million edged past the Zacks Consensus Estimate of $5,141.8 million. Reduced freight revenues (down 7%) due to soft coal shipments hurt the top line which declined 7% year over year.
Key Stats to Note: Operating income in the third quarter witnessed a decline of 11% year over year to $2 billion. Operating ratio (defined as operating expenses as a percentage of revenues) came in at 62.1% as opposed to 60.3% a year-ago. During the quarter, the company bought back 9 million shares for $851 million.
Stock Price: The earnings miss disappointed the investors. Shares of the company were down in pre-market trading at the time of writing.
Check back later for our full write up on this Union Pacific earnings report later!
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>