UNP posts Q2 non-GAAP EPS of $3.41, exceeding expectations by $0.18, as revenue rises 11.5% year-over-year.
Union Pacific reported Q2 non-GAAP earnings per share of $3.41, beating estimates by $0.18. Revenue reached $6.86 billion, up 11.5% year-over-year and $150 million above forecasts.
The company’s operating revenue climbed 12% to $6.9 billion, driven by higher fuel surcharges, volume growth, core pricing gains, and increased other revenue. The results reflect stronger demand and pricing power in the quarter.
Shares may see modest gains as investors react to the earnings beat and revenue growth.