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home / articles / UNP - Union Pacific Q3: 10% Revenue Decline Lower Volumes Inflationary Pressures & More | Benzinga

UNP - Union Pacific Q3: 10% Revenue Decline Lower Volumes Inflationary Pressures & More | Benzinga

Union Pacific Corporation

Union Pacific Corporation (NYSE: UNP) reported a third-quarter FY23 operating revenue decline of 10% year-over-year to $5.941 billion, missing the consensus of $5.99 billion.

The decrease in revenue was driven by reduced fuel surcharge revenue, lower volumes, and business mix, partially offset by core pricing gains.

Freight revenues decrease 9% Y/Y to $5.55 billion, with Bulk -10%, Industrial -6% and Premium -12%.

EPS was $2.51 (-18% Y/Y), Full story available on Benzinga.com
Stock Information
Company Name: Union Pacific Corporation
Stock Symbol: UNP
Market: NYSE
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