Union Pacific Corp (BSP:UPAC34)

R$ 330.69 0 (0%) Market Cap: 801.93 Bil Enterprise Value: 985.71 Bil PE Ratio: 21.11 PB Ratio: 8.41 GF Score: 86/100

Union Pacific Corp at Stifel Transportation & Logistics Conference Transcript

Feb 13, 2019 / 01:45PM GMT

Release Date Price: R$158.06 (+3.02%)

Transcript 10-K

Michael James Baudendistel

Stifel, Nicolaus & Company, Incorporated, Research Division - VP & Analyst

Okay. Next up, we have Union Pacific. I think most of you are probably familiar with our next guest, Rob Knight. He's the EVP and CFO of Union Pacific. And here in the room, we also have Mike Miller, who's the EVP of Investor Relations.

So I'll turn it right over to Rob.

Robert M. Knight

Union Pacific Corporation - Executive VP & CFO

Thanks, Mike, and good morning. Before we start, I would like to remind everyone listening today that I will be making some forward-looking statements and these statements are subject to risks and uncertainties, so please refer to the Union Pacific website and SEC filings for additional information about our risk factors.

Summarizing last year's results, we reported earnings in the fourth quarter of $2.12 per share. This represented a 39% increase when compared to the fourth quarter 2017's results. Our quarterly operating ratio of 61.6% improved 1.1 points compared to the fourth quarter of 2017.

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