UNP - Railroad Franchise Union Pacific On The Right Track? Exceeds Q4 Expectations But Warns On Muted Volume Outlook | Benzinga
Union Pacific Corporation (NYSE:UNP) reported a fourth-quarter FY23 operating revenue of $6.159 billion, beating the consensus of $6.05 billion.
Operating revenue was flat, driven by increased volume and core pricing gains offset by reduced fuel surcharge revenue and business mix.
Freight revenues increased 1% Y/Y to $5.801 billion, with Bulk flat YoY, Industrial +4%, and Premium -3%.
EPS was $2.71 (+1% Y/Y), beating the consensus of $2.57.
The ...