Union Pacific's Q4 Profit Beats, but Revenue Misses (UNP)

Union Pacific’s Q4 Profit Beats, but Revenue Misses (UNP)

RSS

Railroad operator Union Pacific Corporation (UNP) on Thursday posted mixed fiscal fourth quarter earnings results, as shipments of automobiles and chemicals increased, while coal shipments continued to decline.

The Omaha-based company reported fiscal fourth quarter net income of $1 billion, or $2.19 per share, compared with $964 million, or $1.99 per share, in the year-ago period.

Revenue rose 3% from last year to $5.25 billion.

On average, Wall Street analysts expected a smaller profit of $2.16 per share, albeit on higher revenue of $5.3 billion.

Union Pacific shares fell $1.40, or -1%, in premarket trading Thursday.

The Bottom Line
Shares of Union Pacific (UNP) have a 2.04% dividend yield, based on last night’s closing stock price of $135.35. The stock has technical support in the $125-$128 price area. The shares are trading at all-time highs.

Union Pacific Corporation (UNP) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Free Updates

Join over 100,000 investors who get the latest news from Dividend.com.

Best Dividend Stocks

Looking for stocks that are poised for growth and pay solid dividends? Visit our list of the:

Best Dividend Stocks

Partner Center

Best CD Rates

Sitting on some extra cash and looking for the most current and profitable CD Rates?

Get The Best CD Rates

14 Day Free Trial

Earn more from your dividend portfolio within the next 14 days.

Sign Up Today