Union Pacific (UNP) Tops Q4 EPS by 6c

Union Pacific (NYSE: UNP) reported Q4 EPS of $1.39, $0.06 better than the analyst estimate of $1.33. Revenue for the quarter came in at $5.2 billion versus the consensus estimate of $5.13 billion.

"While full-year volumes were down substantially year over year, we did see declines moderate in the fourth quarter," said Lance Fritz, Union Pacific chairman, president and chief executive officer. "As we worked through the challenges of the year, we remained focused on the strategy we live each day through our six value tracks. Executing on these value tracks enables us to run a safe, efficient, and productive railroad while providing our customers an excellent value proposition."

2017 Outlook

"Looking to 2017, we are fairly optimistic about some of the macro-economic indicators that drive our core business. Higher energy prices, favorable agricultural markets and improving business and consumer confidence all support a return to positive volume growth this year," Fritz said. "We continue to have confidence in the strength and diversity of the Union Pacific franchise, which will position us well to safely and efficiently leverage stronger volumes as our markets begin to rebound. We will continue to execute on our strategic value tracks to provide our customers an excellent service experience while generating strong returns for our shareholders."

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

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