Union Pacific Reports Second Quarter 2020 Results
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Union Pacific (UNP) PT Raised to $196 at Stephens
July 23, 2020 3:47 PM EDTStephens analyst Justin Long raised the price target on Union Pacific (NYSE: UNP) to $196.00 (from $185.00) while maintaining a Overweight rating.
... MoreUnion Pacific (UNP) PT Raised to $193 at Cowen
July 23, 2020 1:37 PM EDTCowen analyst Jason H. Seidl raised the price target on Union Pacific (NYSE: UNP) to $193.00 (from $169.00) while maintaining an Outperform rating.
The analyst commented, "Cost reduction efforts led to a 2Q EPS beat even after removing a real estate sale, though... More
Union Pacific (UNP) Tops Q2 EPS by 12c, Revenues Miss
July 23, 2020 8:03 AM EDTUnion Pacific (NYSE: UNP) reported Q2 EPS of $1.67, $0.12 better than the analyst estimate of $1.55. Revenue for the quarter came in at $4.24 billion versus the consensus estimate of $4.37 billion.
Second Quarter Summary
Operating revenue of $4.2 billion was down 24 percent in second quarter 2020, compared to second quarter 2019. Second quarter business volumes, as measured by total revenue carloads, decreased 20 percent compared to 2019. Volumes for all three business teams bulk, industrial, and premium declined in the quarter due to the deteriorating... More