Union Pacific Raises Earnings Outlook After Strong Second-Quarter Performance
Union Pacific (NYSE:UNP) reported second-quarter results that exceeded expectations, driven by higher freight volumes and pricing gains. The railroad operator posted adjusted earnings of $3.41 per share compared to the estimated $3.19, with revenue rising 12% year-over-year to $6.9 billion. Shares rose approximately 1.2% following the announcement. The company raised its full-year 2026 reported EPS growth forecast to the high-single-digit range and reaffirmed broader financial targets such as pricing gains outpacing inflation, continued operating ratio improvements, strong cash generation, and $3.3 billion in planned capital spending for the year.
Tickers: $UNP
Topics: freight volumes pricing gains railroad revenue growth