Union Pacific (UNP) Tops Q1 EPS by 18c

Union Pacific (NYSE: UNP) reported Q1 EPS of $2.69, $0.18 better than the analyst estimate of $2.51. Revenue for the quarter came in at $6.03 billion versus the consensus estimate of $5.99 billion.

2024 Outlook:

Updated

• Profitability outlook gaining momentum with strong service product, improving network efficiency, and solid pricing
• Restarting share repurchases in second quarter

Affirmed

• Volume outlook muted by international intermodal business loss, lower coal demand, and soft economic conditions
• Pricing dollars in excess of inflation dollars
• No change to long-term capital allocation strategy
• Capital plan of $3.4 billion

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

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