Reports Q1 revenue $6.03B, consensus $5.98B. “Our team delivered strong financial results in the first quarter as we navigated a challenging freight market and normal winter conditions,” said Jim Vena, Union Pacific CEO. “These results build on the momentum we established as we exited 2023 and provide further proof of what’s possible as we strive to be the best in safety, service, and operational excellence. This is a great start to the year, but we understand there’s work to be done to achieve our goals and meet our stakeholders’ expectations.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UNP:
- Union Pacific named short-term buy idea at Deutsche Bank
- North American rail traffic up 1.4% for the week ending April 13
- Union Pacific put volume heavy and directionally bearish
- Union Pacific price target raised to $248 from $231 at Stifel
- Union Pacific price target raised to $243 from $237 at JPMorgan