UNP Stock Recent News

Union Pacific Corp said on Monday that two routes into and out of the Los Angeles Basin were closed due to washouts and flood water over the rail, after parts of Southern California and the U.S. Southwest were hit by flash floods.

Union Pacific's (UNP) second-quarter 2023 top line falls 4.9% on a year-over-year basis due to reduced fuel surcharge revenues, lower volumes and an unfavorable business mix.

Union Pacific missed expectations in the second quarter, and efficiency was down. The company announced a well-respected industry veteran as CEO.

The railroad said Jim Vena will take over as CEO next month.

Weakness in freight revenues is likely to have hurt Union Pacific's (UNP) performance in Q2.

Earnings will likely come in at about $2.80 per share, slightly above the consensus estimate of $2.76.

Union Pacific's (UNP) tentative deal with SMART-TD, on ratification, is set to go a long way in promoting the well-being of employees.

Union Pacific offers an attractive long-term investment opportunity due to its competitive advantage, diverse transportation segments, and pricing power. The company aligns with Buffett's investment principles, exhibiting stable earnings, strong management, and healthy free cash flow. Despite short-term economic challenges, Union Pacific's commitment to growth and reasonable valuation make it a strong choice for dividend investors.

Solid freight demand and cash generating abilities boost Union Pacific (UNP). However, high debt levels remain a concern.

Union Pacific Corporation (NYSE:UNP ) 2023 Wells Fargo Industrials Conference June 13, 2023 9:00 AM ET Company Participants Jennifer Hamann - EVP & CFO Eric Gehringer - EVP, Operations Conference Call Participants Allison Poliniak - Wells Fargo Allison Poliniak So good morning, everybody. Welcome to the Wells Fargo Industrial Conference.