Union Pacific Second Quarter 2024 Earnings: EPS Beats Expectations

Union Pacific (NYSE:UNP) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$6.01b (flat on 2Q 2023).
• Net income: US$1.67b (up 6.6% from 2Q 2023).
• Profit margin: 28% (up from 26% in 2Q 2023).
• EPS: US$2.75 (up from US$2.58 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Union Pacific EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.1%.

Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Transportation industry in the US.

Performance of the American Transportation industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Union Pacific is showing 1 warning sign in our investment analysis that you should know about...

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