Union Pacific (UNP) Tops Q1 EPS by 2c
Union Pacific (NYSE: UNP) reported Q1 EPS of $2.57, $0.02 better than the analyst estimate of $2.55. Revenue for the quarter came in at $5.9 billion versus the consensus estimate of $5.69 billion.
2022 Guidance:
Updated
- Operating ratio beginning with "55", up from ~55.5%
- Pressure from rising fuel prices and current operational performance
Affirmed
- Full year volume growth exceeding Industrial Production
- Pricing gains in excess of inflation dollars
- Incremental margins of mid-60%
- Capital spending of $3.3 billion
- Dividend payout target of 45% of earnings
- Share repurchases in line with 2021
For earnings history and earnings-related data on Union Pacific (UNP) click here.
