2024-04-26 10:45:00 ET
Summary
- Union Pacific reported flat revenue growth but showed remarkable efficiency in lowering operating expenses in an inflationary environment.
- The company saw a decline in its operating ratio to less than 61%, which is impressive considering the challenges faced by railroads.
- Despite challenges in certain markets, Union Pacific has a positive outlook and is focused on improving customer engagement and operational excellence.
Introduction
Last month, I wrote an article titled Union Pacific: Building America With 11% Annual Return Potential."
Although I wasn't planning on writing an update, I just had to dive into Union Pacific Corporation ( UNP ) again for one major reason:
The company reported fantastic earnings, which tells us a lot about major developments I have covered over the past few years. This may be the most important earnings call I have covered since at least the pandemic....
Read the full article on Seeking Alpha
For further details see:
Vena Magic! Why Union Pacific Just Hit A Grand Slam