Union Pacific (UNP) got here out with quarterly earnings of $2.91 per share, beating the Zacks Consensus Estimate of $2.78 per share. This compares to earnings of $2.71 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 4.68%. 1 / 4 in the past, it was anticipated that this railroad would publish earnings of $2.76 per share when it really produced earnings of $2.75, delivering a shock of -0.36%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates thrice.
Union Pacific
The sustainability of the inventory’s rapid value motion primarily based on the recently-released numbers and future earnings expectations will largely depend upon administration’s commentary on the earnings name.
Union Pacific shares have added about 3.4% for the reason that starting of the 12 months versus the S&P 500’s acquire of three.5%.
What’s Subsequent for Union Pacific?
Whereas Union Pacific has underperformed the market to date this 12 months, the query that involves traders’ minds is: what’s subsequent for the inventory?
There are not any straightforward solutions to this key query, however one dependable measure that may assist traders deal with that is the corporate’s earnings outlook. Not solely does this embody present consensus earnings expectations for the approaching quarter(s), but in addition how these expectations have modified these days.
Empirical analysis reveals a powerful correlation between near-term inventory actions and traits in earnings estimate revisions. Buyers can observe such revisions by themselves or depend on a tried-and-tested ranking device just like the Zacks Rank, which has a powerful observe document of harnessing the facility of earnings estimate revisions.
Forward of this earnings release, the estimate revisions development for Union Pacific: blended. Whereas the magnitude and course of estimate revisions may change following the corporate’s just-released earnings report, the present standing interprets right into a Zacks Rank #3 (Maintain) for the inventory. So, the shares are anticipated to carry out in step with the market within the close to future. You’ll be able to see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
It is going to be attention-grabbing to see how estimates for the approaching quarters and present fiscal 12 months change within the days forward. The present consensus EPS estimate is $2.77 on $6.13 billion in revenues for the approaching quarter and $12.03 on $25.15 billion in revenues for the present fiscal 12 months.
Buyers needs to be aware of the truth that the outlook for the business can have a cloth affect on the efficiency of the inventory as properly. By way of the Zacks Business Rank, Transportation – Rail is presently within the high 37% of the 250 plus Zacks industries. Our analysis reveals that the highest 50% of the Zacks-ranked industries outperform the underside 50% by an element of greater than 2 to 1.
Norfolk Southern (NSC), one other inventory in the identical business, has but to report outcomes for the quarter ended December 2024. The outcomes are anticipated to be launched on January 29.
This railroad is predicted to publish quarterly earnings of $2.95 per share in its upcoming report, which represents a year-over-year change of +4.2%. The consensus EPS estimate for the quarter has been revised 1.2% decrease over the past 30 days to the present degree.
Norfolk Southern’s revenues are anticipated to be $3.03 billion, down 1.4% from the year-ago quarter.
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Union Pacific Corporation (UNP) : Free Stock Analysis Report
Norfolk Southern Corporation (NSC) : Free Stock Analysis Report
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