Union Pacific (UNP) Misses Q3 EPS by 2c

Union Pacific (NYSE: UNP) reported Q3 EPS of $2.57, $0.02 worse than the analyst estimate of $2.59. Revenue for the quarter came in at $5.6 billion versus the consensus estimate of $5.52 billion.

"The Union Pacific team successfully navigated global supply chain disruptions, a major bridge outage, and additional weather events to produce strong quarterly revenue growth and financial results," said Lance Fritz, Union Pacific chairman, president, and chief executive officer. "In the quarter, the team delivered solid core pricing gains, leveraged business development to produce a positive business mix, and generated productivity to offset flat volume. We also set a quarterly record for fuel consumption rate as we continue to make strides towards our goal to reduce our absolute greenhouse gas emissions. As we close out 2021, we are committed to improving our safety performance and service product to support our customers and the broader supply chain to handle the strong demand for freight transportation."

For earnings history and earnings-related data on Union Pacific (UNP) click here.

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