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UNP

Union Pacific (UNP) Beats on Q3 Earnings

Union Pacific CorporationUNP , based in Omaha, NE, is the largest railroad in North America providing rail transportation services across more than 20 states in the U.S. Union Pacific also connects with Canada's rail systems and is the only railroad, serving all the six major gateways to Mexico.

Zacks Rank : Currently, Union Pacific has a Zacks Rank # 3 (Hold) but that could change following the company's earnings report which was just released. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

We have highlighted some of the key stats from this just-revealed announcement below:

Earnings : Union Pacific beat on earnings in the third quarter. Earnings per share came in at $1.50, beating the Zacks Consensus Estimate of $1.49 per share. Earnings climbed 10.3% on a year-over-year basis.

Revenue : Operating revenues of $5,408 million edged past the Zacks Consensus Estimate of $5,306.5 million. Revenues increased 4.5% on a year over year basis.

Union Pacific Corporation Price and EPS Surprise

Union Pacific Corporation Price and EPS Surprise | Union Pacific Corporation Quote

Key Stats to Note : Operating income in the third quarter climbed 3% year over year to $2 billion. Operating ratio (defined as operating expenses as a percentage of revenues) came in at 62.8% as opposed to 62.1% a year-ago. During the quarter, the company bought back 11.8 million shares for $1.3 billion.

Check back later for our full write up on this Union Pacific earnings report later!

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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