Union Pacific (NYSE:UNP) Issues Earnings Results, Beats Estimates By $0.17 EPS

Union Pacific (NYSE:UNP) released its earnings results on Thursday. The railroad operator reported $2.72 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.55 by $0.17, MarketWatch Earnings reports. Union Pacific had a return on equity of 32.45% and a net margin of 27.02%. The business had revenue of $5.50 billion for the quarter, compared to the consensus estimate of $5.39 billion. During the same period in the previous year, the company posted $1.67 earnings per share. The company’s revenue for the quarter was up 29.7% compared to the same quarter last year.

UNP stock traded up $3.18 during midday trading on Thursday, hitting $220.37. The company’s stock had a trading volume of 127,816 shares, compared to its average volume of 2,985,608. The company has a market capitalization of $146.39 billion, a price-to-earnings ratio of 26.80, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14. The company has a debt-to-equity ratio of 1.55, a current ratio of 0.76 and a quick ratio of 0.63. Union Pacific has a 12 month low of $167.57 and a 12 month high of $231.26. The business has a 50 day moving average price of $221.64.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 30th. Investors of record on Friday, May 28th were paid a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend was Thursday, May 27th. This is an increase from Union Pacific’s previous quarterly dividend of $0.97. Union Pacific’s dividend payout ratio (DPR) is 52.26%.

UNP has been the topic of several recent analyst reports. Raymond James increased their price objective on shares of Union Pacific from $255.00 to $260.00 and gave the company a “strong-buy” rating in a research report on Wednesday, May 5th. Royal Bank of Canada raised their price target on shares of Union Pacific from $232.00 to $244.00 and gave the company an “outperform” rating in a research report on Friday, April 23rd. Loop Capital raised Union Pacific from a “hold” rating to a “buy” rating and set a $269.00 price objective on the stock in a research report on Tuesday, July 6th. Vertical Research assumed coverage on Union Pacific in a research note on Friday, March 26th. They issued a “buy” rating for the company. Finally, Barclays increased their price objective on Union Pacific from $230.00 to $240.00 and gave the company an “equal weight” rating in a research report on Friday, May 28th. Six research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. Union Pacific has an average rating of “Buy” and an average target price of $233.27.

Union Pacific Company Profile

Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.

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Earnings History for Union Pacific (NYSE:UNP)

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