Union Pacific Corporation (UNP - Free Report) , 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.
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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Union Pacific Corporation (UNP - Free Report) , 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.
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!
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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