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
DRI Earnings: Darden Restaurants’ Q2 2026 sales and profit rise YoY
Darden Restaurants, Inc. (NYSE: DRI), a leading fine dining restaurant chain, on Thursday reported an increase in sales and adjusted earnings for the second quarter of fiscal 2026. Total sales
CarMax (KMX) Q3 2026 earnings drop on lower sales; results beat estimates
Used car retailer CarMax, Inc. (NYSE: KMX) on Thursday reported a decline in earnings for the third quarter of fiscal 2026, hurt by lower sales. However, both revenues and earnings
ACN Earnings: Key quarterly highlights from Accenture’s Q1 2026 financial results
Accenture (NYSE: ACN) reported its first quarter 2026 earnings results today. Revenues of $18.7 billion increased 6% in US dollars and 5% in local currency compared to the same period a
