Union Pacific (NYSE:UNP) Releases Earnings Results, Beats Expectations By $0.17 EPS

Union Pacific (NYSE:UNP) posted its earnings results on Thursday. The railroad operator reported $2.72 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.55 by $0.17, MarketWatch Earnings reports. The company had revenue of $5.50 billion during the quarter, compared to the consensus estimate of $5.39 billion. Union Pacific had a return on equity of 32.45% and a net margin of 27.02%. The company’s revenue was up 29.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.67 earnings per share.

Shares of NYSE:UNP traded up $3.18 during midday trading on Thursday, hitting $220.37. 127,816 shares of the company’s stock were exchanged, compared to its average volume of 2,985,608. The company has a current ratio of 0.76, a quick ratio of 0.63 and a debt-to-equity ratio of 1.55. Union Pacific has a 12 month low of $167.57 and a 12 month high of $231.26. The stock has a market cap of $146.39 billion, a P/E ratio of 26.80, a PEG ratio of 2.21 and a beta of 1.14. The business’s 50 day moving average price is $221.64.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 30th. Shareholders of record on Friday, May 28th were paid a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a dividend yield of 1.94%. This is a positive change from Union Pacific’s previous quarterly dividend of $0.97. The ex-dividend date of this dividend was Thursday, May 27th. Union Pacific’s dividend payout ratio (DPR) is 52.26%.

Several analysts recently weighed in on UNP shares. TD Securities raised their price objective on Union Pacific from $240.00 to $245.00 and gave the company a “hold” rating in a research note on Friday, April 23rd. Vertical Research assumed coverage on shares of Union Pacific in a report on Friday, March 26th. They set a “buy” rating for the company. BMO Capital Markets lifted their target price on shares of Union Pacific from $230.00 to $240.00 and gave the stock an “outperform” rating in a research report on Friday, April 23rd. Loop Capital upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and set a $269.00 target price on the stock in a research report on Tuesday, July 6th. Finally, Evercore ISI reiterated a “buy” rating and set a $260.00 target price on shares of Union Pacific in a research report on Friday, July 9th. Six equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $233.27.

Union Pacific Company Profile

Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.

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Earnings History for Union Pacific (NYSE:UNP)

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