Union Pacific Reports Second Quarter 2023 Results

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Go back to Union Pacific Reports Second Quarter 2023 Results

Union Pacific (UNP) gains after naming Jim Vena as new CEO, misses earnings expectations

July 26, 2023 11:13 AM EDT

Union Pacific (NYSE: UNP) shares rallied more than 10% Wednesday despite missing earnings and revenue expectations, as the company announced former chief operating officer Jim Vena as its new CEO.

The company reported second-quarter earnings of $2.57 per share, $0.17 worse than the analyst estimate of $2.74, while revenue for the quarter came in at... More