Union Pacific (UNP) to Release Quarterly Earnings on Thursday

Union Pacific (NYSE:UNP) will be announcing its earnings results before the market opens on Thursday, October 24th. Analysts expect Union Pacific to post earnings of $2.78 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion during the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company’s revenue for the quarter was up .7% on a year-over-year basis. During the same period last year, the company earned $2.57 EPS. On average, analysts expect Union Pacific to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Union Pacific Price Performance

NYSE:UNP opened at $248.11 on Thursday. The firm has a market capitalization of $151.15 billion, a price-to-earnings ratio of 23.30, a PEG ratio of 2.27 and a beta of 1.05. Union Pacific has a 1 year low of $199.97 and a 1 year high of $258.66. The business has a 50 day simple moving average of $246.25 and a 200-day simple moving average of $238.61. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86.

Analyst Ratings Changes

A number of equities research analysts have weighed in on UNP shares. BMO Capital Markets decreased their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Benchmark reiterated a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a report on Monday, July 29th. Stifel Nicolaus cut their price target on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and cut their price target for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Finally, Raymond James lifted their price target on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a report on Monday. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $259.25.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the transaction, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.26% of the company’s stock.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.