No. of Recommendations: 6
Operating revenue rose 12% year over year to $6.9B, driven by higher fuel surcharges, volume growth, core pricing gains, and greater other revenue, partially offset by business mix. Freight revenue increased 12% during the quarter, and freight revenue excluding fuel surcharge grew 4%.
On an adjusted basis, Union Pacific's (UNP) operating ratio improved by 110 basis points to 59.2%, net income increased 12% to $2.0B, and adjusted diluted EPS was 13% higher at $3.41 to top the consensus estimate of $3.23.
seekingalpha.com - Union pacific rides improved volume trend to earnings beatI hope BNSF can match UNP. Stock is up over 5% and set new 52-week high.
