Union Pacific (NYSE: UNP) reported Q1 EPS of $2.00, $0.06 worse than the analyst estimate of $2.06. Revenue for the quarter came in at $5 billion versus the consensus estimate of $5.03 billion.

"The first quarter presented some real challenges that impacted our results, but the team did a great job managing the business," said Lance Fritz, Union Pacific chairman, president, and chief executive officer. "We generated solid productivity through efficient use of our resources despite the significant weather event that covered most of our network in February and early March. I am particularly proud of the women and men of Union Pacific who rolled up their sleeves and kept the network safe, efficient and stable. Looking to the rest of the year, an improving economic outlook, our continued commitment to value based pricing that exceeds inflation and the opportunity for strong productivity give us confidence to affirm our 2021 guidance."

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