Union Pacific (UNP) Misses Q4 EPS by 11c
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Union Pacific (UNP) shares fall after missing Q4 earnings estimates
January 24, 2023 12:14 PM ESTUnion Pacific (NYSE: UNP) missed fourth-quarter earnings and revenue expectations on Tuesday as extreme winter weather impacted its network in December.
The transport firm reported earnings of $2.67 per share on revenue of $6.2 billion. Analysts expected earnings to come in at $2.78 per share on revenue of $6.31 billion.
The company said it continued to face challenges in hiring craft professionals in critical... More
Union Pacific posts weak profit as storm delays shipments
January 24, 2023 7:53 AM EST(Reuters) - Union Pacific Corp reported lower-than-expected fourth-quarter profit on Tuesday, hurt by delayed shipments amid labor shortages and a winter storm that crippled freight operations across the United States.
"We continued to face challenges hiring craft professionals in critical locations and experienced the impact of extreme winter weather on our network in December," Chief Executive Lance Fritz said.
... More