In its upcoming report, Union Pacific (UNP) is predicted by Wall Avenue analysts to publish quarterly earnings of $2.73 per share, reflecting a rise of 1.5% in comparison with the identical interval final yr. Revenues are forecasted to be $6.09 billion, representing a year-over-year improve of 0.9%.
During the last 30 days, there was a downward revision of 1.2% within the consensus EPS estimate for the quarter, resulting in its present degree. This signifies the overlaying analysts’ collective reconsideration of their preliminary forecasts over the course of this timeframe.
Forward of an organization’s earnings disclosure, it’s essential to offer due consideration to adjustments in earnings estimates. These revisions function a noteworthy think about predicting potential investor reactions to the inventory. Quite a few empirical research persistently exhibit a robust relationship between developments in earnings estimate revision and the short-term value efficiency of a inventory.
Whereas it is common for buyers to depend on consensus earnings and income estimates for assessing how the enterprise could have carried out in the course of the quarter, exploring analysts’ forecasts for key metrics can yield precious insights.
Bearing this in thoughts, let’s now discover the typical estimates of particular Union Pacific metrics which might be generally monitored and projected by Wall Avenue analysts.
The common prediction of analysts locations ‘Freight Revenues- Bulk’ at $1.84 billion. The estimate signifies a change of +1.4% from the prior-year quarter.
The mixed evaluation of analysts means that ‘Working Revenues- Different revenues’ will doubtless attain $344.25 million. The estimate suggests a change of -17.1% yr over yr.
It’s projected by analysts that the ‘Freight Revenues- Industrial Merchandise’ will attain $2.15 billion. The estimate suggests a change of +2.3% yr over yr.
The consensus estimate for ‘Freight Revenues- Premium’ stands at $1.78 billion. The estimate signifies a change of +4.8% from the prior-year quarter.
Analysts forecast ‘Working Ratio’ to achieve 60.6%. The estimate is in distinction to the year-ago determine of 60.7%.
The collective evaluation of analysts factors to an estimated ‘Common income per automobile – Bulk’ of $3,782.89. The estimate compares to the year-ago worth of $3,787.
Analysts’ evaluation factors towards ‘Income Carloads – Bulk’ reaching 484.66 thousand. In comparison with the present estimate, the corporate reported 480 thousand in the identical quarter of the earlier yr.
Analysts predict that the ‘Common income per automobile – Industrial Merchandise’ will attain $3,930.47. The estimate compares to the year-ago worth of $3,886.
The consensus amongst analysts is that ‘Common income per automobile – Premium’ will attain $1,731.94. The estimate is in distinction to the year-ago determine of $1,792.
Analysts anticipate ‘Income Carloads – Premium’ to return in at 1.02 million. The estimate compares to the year-ago worth of 946 thousand.
Based mostly on the collective evaluation of analysts, ‘Common income per automobile’ ought to arrive at $2,804.26. The estimate compares to the year-ago worth of $2,855.
In line with the collective judgment of analysts, ‘Income Carloads – Whole’ ought to are available in at 2.06 million. The estimate compares to the year-ago worth of 1.97 million.
View all Key Company Metrics for Union Pacific here>>>
Over the previous month, Union Pacific shares have recorded returns of -6.2% versus the Zacks S&P 500 composite’s -6.9% change. Based mostly on its Zacks Rank #3 (Maintain), UNP will doubtless exhibit a efficiency that aligns with the general market within the upcoming interval. You may see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here >>>>
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
