Financial News

Union Pacific (UNP) To Report Earnings Tomorrow: Here Is What To Expect

UNP Cover Image

Freight transportation company Union Pacific (NYSE:UNP) will be reporting earnings tomorrow before market hours. Here’s what to look for.

Union Pacific met analysts’ revenue expectations last quarter, reporting revenues of $6.01 billion, flat year on year. It was a mixed quarter for the company, with a decent beat of analysts’ volume estimates but a miss of analysts’ EBITDA estimates.

Is Union Pacific a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Union Pacific’s revenue to grow 3.4% year on year to $6.14 billion, a reversal from the 9.5% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.78 per share.

Union Pacific Total Revenue

Heading into earnings, analysts covering the company have grown increasingly bullish with revenue estimates seeing 12 upward revisions over the last 30 days (we track 18 analysts). Union Pacific has missed Wall Street’s revenue estimates four times over the last two years.

Looking at Union Pacific’s peers in the transportation and logistics segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Norfolk Southern Corporation delivered year-on-year revenue growth of 2.7%, missing analysts’ expectations by 1.2%, and CSX reported revenues up 1.3%, falling short of estimates by 1.5%. CSX traded down 6.7% following the results.

Read our full analysis of Norfolk Southern Corporation’s results here and CSX’s results here.

Investors in the transportation and logistics segment have had steady hands going into earnings, with share prices flat over the last month. Union Pacific is down 3% during the same time and is heading into earnings with an average analyst price target of $261.78 (compared to the current share price of $241.45).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback