Categories AlphaGraphs, Earnings, Industrials
Union Pacific Corporation (UNP) reports lower revenues and profit for Q3 2023
Rail transportation company Union Pacific Corporation (NYSE: UNP) announced financial results for the third quarter of 2023, reporting a decline in revenues and net profit.
Third-quarter net income was $1.5 billion, or $2.51 per share, compared to $1.9 billion, or $3.05 per share, in the corresponding period of 2022.
Operating revenue decreased 10% annually to $5.9 billion in Q3, hurt by reduced fuel surcharge revenue, lower volumes, and business mix, partially offset by core pricing gains.
“We are aligning the team around our strategy focused on being the best in safety, service, and operational excellence as we drive growth to the railroad. Through our day-to-day actions, we will continue to make improvements as we exit the year,” said Jim Vena, Union Pacific’s chief executive officer.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
