Union Pacific (UNP) Tops Q2 EPS by 6c

Union Pacific (NYSE: UNP) reported Q2 EPS of $2.93, $0.06 better than the analyst estimate of $2.87. Revenue for the quarter came in at $6.3 billion versus the consensus estimate of $6.15 billion.

2022 Guidance: First Half 2022 Results Challenge Previous Full Year Volume and Operating Ratio Targets:

Updated

• Stronger second half volumes should produce full year carload growth of 4% to 5%
• Full year operating ratio around 58%
• Second half operating ratio improvement vs. 2021
• Second half incremental margins around 50%

Affirmed

• Pricing gains in excess of inflation dollars
• Capital spending of $3.3 billion
• Long term 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.

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