Union Pacific (UNP) to Release Quarterly Earnings on Thursday

Union Pacific (NYSE:UNP) will release its earnings data before the market opens on Thursday, October 24th. Analysts expect Union Pacific to post earnings of $2.78 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping the consensus estimate of $2.71 by $0.03. The company had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company’s revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.57 earnings per share. On average, analysts expect Union Pacific to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Union Pacific Trading Up 0.9 %

Shares of UNP opened at $248.11 on Thursday. The company has a market capitalization of $151.15 billion, a P/E ratio of 23.30, a P/E/G ratio of 2.27 and a beta of 1.05. Union Pacific has a one year low of $199.97 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The stock has a 50-day moving average price of $246.25 and a 200 day moving average price of $238.61.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of analyst reports. Benchmark reissued a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a report on Monday, July 29th. Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and cut their price objective for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. TD Cowen cut their price objective on Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Bank of America dropped their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Tuesday, September 24th. Finally, Susquehanna increased their price target on Union Pacific from $250.00 to $260.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $259.25.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.26% of the company’s stock.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.