Union Pacific (UNP) Tops Q3 EPS by 5c
Union Pacific (NYSE: UNP) reported Q3 EPS of $2.51, $0.05 better than the analyst estimate of $2.46. Revenue for the quarter came in at $5.9 billion versus the consensus estimate of $5.99 billion.
GUIDANCE:
2023 Full Year Outlook Remains Relatively Unchanged
- Year to date softness in consumer-related volumes likely drive full year volume expectations below Industrial Production (Current forecast: 0.0%)
- Pricing dollars in excess of inflation dollars
- 2023 Capital Allocation:
- Updated capital plan of $3.7 billion
- Maintain dividend of $1.30/quarter
- No further 2023 share repurchases planned
For earnings history and earnings-related data on Union Pacific (UNP) click here.
