Reports Q4 revenue $6.2B, consensus $6.05B. “The team continues to execute our multi-year strategy to be the industry’s best in safety, service, and operational excellence,” said Jim Vena, Union Pacific Chief Executive Officer. “Our fourth quarter results show much of what’s possible at Union Pacific and that we’re on the right path to reaching our goals. Service and operational metrics showed great improvement in the quarter. Those improvements propel us toward a service product that supports growth with our customers. We enter 2024 with strong momentum, recognizing we have plenty of opportunity to improve. We’re excited to show our stakeholders what our great team can accomplish.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on UNP:
- UNP Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- AMD downgraded, American Airlines upgraded: Wall Street’s top analyst calls
- Union Pacific upgraded to Outperform from Market Perform at Bernstein
- North American rail traffic down 4.6% for the week ending January 13
- Union Pacific price target lowered to $231 from $232 at Stifel