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Stay Ahead of the Game With Union Pacific (UNP) Q3 Earnings: Wall Street's Insights on Key Metrics
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In its upcoming report, Union Pacific (UNP - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $3.47 per share, reflecting an increase of 12.7% compared to the same period last year. Revenues are forecasted to be $7.12 billion, representing a year-over-year increase of 14%.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain Union Pacific metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts predict that the 'Freight Revenues- Premium' will reach $2.22 billion. The estimate points to a change of +23.1% from the year-ago quarter.
The consensus among analysts is that 'Freight Revenues- Bulk' will reach $2.09 billion. The estimate indicates a change of +8.3% from the prior-year quarter.
According to the collective judgment of analysts, 'Operating Revenues- Other revenues' should come in at $311.14 million. The estimate indicates a change of -1.9% from the prior-year quarter.
The combined assessment of analysts suggests that 'Freight Revenues- Industrial Products' will likely reach $2.50 billion. The estimate indicates a year-over-year change of +13.8%.
Analysts forecast 'Operating Ratio' to reach 58.7%. Compared to the present estimate, the company reported 59.2% in the same quarter last year.
The collective assessment of analysts points to an estimated 'Revenue Ton-Miles' of 113.10 billion. Compared to the present estimate, the company reported 108.86 billion in the same quarter last year.
Analysts' assessment points toward 'Revenue Carloads - Total' reaching 2.28 million. Compared to the present estimate, the company reported 2.16 million in the same quarter last year.
Analysts expect 'Revenue Carloads - Industrial Products' to come in at 607.95 thousand. The estimate is in contrast to the year-ago figure of 574.00 thousand.
The consensus estimate for 'Average revenue per car' stands at $2982.64 . Compared to the present estimate, the company reported $2740.00 in the same quarter last year.
The average prediction of analysts places 'Average revenue per car - Industrial Products' at $4107.79 . Compared to the current estimate, the company reported $3828.00 in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Revenue Carloads - Premium' should arrive at 1.15 million. Compared to the current estimate, the company reported 1.06 million in the same quarter of the previous year.
It is projected by analysts that the 'Average revenue per car - Premium' will reach $1934.89 . The estimate is in contrast to the year-ago figure of $1701.00 .
Shares of Union Pacific have demonstrated returns of +3.5% over the past month compared to the Zacks S&P 500 composite's +1.5% change. With a Zacks Rank #3 (Hold), UNP is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Stay Ahead of the Game With Union Pacific (UNP) Q3 Earnings: Wall Street's Insights on Key Metrics
In its upcoming report, Union Pacific (UNP - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $3.47 per share, reflecting an increase of 12.7% compared to the same period last year. Revenues are forecasted to be $7.12 billion, representing a year-over-year increase of 14%.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain Union Pacific metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts predict that the 'Freight Revenues- Premium' will reach $2.22 billion. The estimate points to a change of +23.1% from the year-ago quarter.
The consensus among analysts is that 'Freight Revenues- Bulk' will reach $2.09 billion. The estimate indicates a change of +8.3% from the prior-year quarter.
According to the collective judgment of analysts, 'Operating Revenues- Other revenues' should come in at $311.14 million. The estimate indicates a change of -1.9% from the prior-year quarter.
The combined assessment of analysts suggests that 'Freight Revenues- Industrial Products' will likely reach $2.50 billion. The estimate indicates a year-over-year change of +13.8%.
Analysts forecast 'Operating Ratio' to reach 58.7%. Compared to the present estimate, the company reported 59.2% in the same quarter last year.
The collective assessment of analysts points to an estimated 'Revenue Ton-Miles' of 113.10 billion. Compared to the present estimate, the company reported 108.86 billion in the same quarter last year.
Analysts' assessment points toward 'Revenue Carloads - Total' reaching 2.28 million. Compared to the present estimate, the company reported 2.16 million in the same quarter last year.
Analysts expect 'Revenue Carloads - Industrial Products' to come in at 607.95 thousand. The estimate is in contrast to the year-ago figure of 574.00 thousand.
The consensus estimate for 'Average revenue per car' stands at $2982.64 . Compared to the present estimate, the company reported $2740.00 in the same quarter last year.
The average prediction of analysts places 'Average revenue per car - Industrial Products' at $4107.79 . Compared to the current estimate, the company reported $3828.00 in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Revenue Carloads - Premium' should arrive at 1.15 million. Compared to the current estimate, the company reported 1.06 million in the same quarter of the previous year.
It is projected by analysts that the 'Average revenue per car - Premium' will reach $1934.89 . The estimate is in contrast to the year-ago figure of $1701.00 .
View all Key Company Metrics for Union Pacific here>>>Shares of Union Pacific have demonstrated returns of +3.5% over the past month compared to the Zacks S&P 500 composite's +1.5% change. With a Zacks Rank #3 (Hold), UNP is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .