Categories AlphaGraphs, Earnings, Industrials

How Union Pacific Corporation (UNP) performed in Q1 2023

Rail transportation company Union Pacific Corporation (NYSE: UNP) on Thursday announced financial results for the first quarter of 2023, reporting higher revenues and flat earnings.

Union Pacific Corporation Q1 2023 earnings infographic

First-quarter net income was $1.63 billion or $2.67 per share, compared to $1.63 billion or $2.57 per share in the same period of last year.

Operating revenue of increased 3% annually to $6.1 billion, aided by higher fuel surcharge revenue and core pricing gains, which was partially offset by a negative business mix and volume declines.

“We delivered greater network fluidity and resiliency in the first quarter even as we faced a series of significant weather events,” said Lance Fritz, Union Pacific’s chief executive officer.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

What to look for when Coca-Cola Company (KO) reports Q2 results

The Coca-Cola Company (NYSE: KO) is all set to unveil its second-quarter 2024 financial results next week. Over the years, it has constantly innovated its portfolio and expanded far beyond

What to expect when Southwest Airlines (LUV) reports Q2 2024 earnings results

Shares of Southwest Airlines (NYSE: LUV) were up over 2% on Tuesday. The stock has dropped 22% over the past 12 months. The airline is scheduled to report its second

PNC Earnings: Highlights of PNC Financial Services Group’s Q2 2024 report

The PNC Financial Services Group, Inc. (NYSE: PNC) Tuesday reported a modest increase in revenues and net income for the second quarter of 2024. Net income attributable to common shareholders

Add Comment
Viewing Highlight