Union Pacific Corp (NYSE:UNP)

$ 233.87 3.96 (1.72%) Market Cap: 141.79 Bil Enterprise Value: 171.11 Bil PE Ratio: 21.48 PB Ratio: 8.56 GF Score: 88/100

Q3 2024 Union Pacific Corp Earnings Call Transcript

Oct 24, 2024 / 12:45 PM GMT

Release Date Price: $230.75 (-4.39%)

Transcript 10-Q8-K

Key Points

Positve

Union Pacific Corp (UNP) reported a 9% increase in net income for the third quarter, reaching $1.7 billion.
Earnings per share improved by 10% to $2.75, showcasing strong financial performance.
Operating revenue increased by 3%, driven by a 6% rise in volume and strong core pricing gains.
The company achieved a 310 basis point improvement in its operating ratio, reaching 60.3%, indicating enhanced operational efficiency.
Union Pacific Corp (UNP) successfully handled a 33% increase in international intermodal volume, demonstrating its capacity to manage significant volume spikes.

Negative

The business mix and lower fuel surcharge revenue negatively impacted freight revenue, reducing it by 75 basis points.
Other revenue declined by $73 million or 18%, due to factors like lower asset sales and reduced demand for auto parts shipments.
Fuel consumption rate increased by 1% due to less fuel-efficient intermodal traffic, offsetting productivity gains.
Coal demand faced challenges due to high inventory levels and competition from low natural gas prices.
The industrial segment experienced a 2% decrease in volume, impacting overall revenue growth.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

UNP.N - Union Pacific Corp
Q3 2024 Union Pacific Corp Earnings Call
Oct 24, 2024 / 12:45PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified Participant [1]
--------------------------------------------------------------------------------
Greetings and welcome to Union Pacific's third quarter earnings call. This time, all participants are in listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star-zero from your telephone keypad . As a reminder, this conference is being recorded in the slides for today's presentation are available on Union Pacific's website is now my pleasure to introduce your host, Mr. Jim Vena, Chief Executive Officer for Union Pacific. Thank you, Mr. vendor. You may now begin. Morning, Rob. Beautiful more than an overhaul. Nice full day. So good morning and thank you for joining us today to discuss Union Pacific's third quarter

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.