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Union Pacific Q3 Preview: Will earnings make past estimates for volume calculators easier?


Trains and freight railways

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Union Pacific (NYSE:UNP) is expected to release third-quarter earnings results on Thursday, October 20, before the market opens.

Unite EPS estimate is $3.07 and consensus revenue estimate of $6.41 billion (+15.1% Y/Y).

Over the past 1 year, UNP yes EPS estimates beat 75% of the time and estimated revenue 50% of the time.

In the past 3 months, EPS is estimated at 9 revised version and above and 13 and below. Revenue estimates have been revised up 18 times.

UBS is active in the rail sector advance profit as fuel benefits to operating income could be 2-3 times larger than the profit earned in Q2.

Bank of America Union Pacific upgrade (UNP) to Buy as they believe rail service has improved amid a rebound in hiring demand and volumes.

Deutsche Bank believes that Union Pacific (UNP) is a promise short term trading opportunitiesprovided easier comparisons will allow for strong title volume growth.

On the other hand, Bernstein no more price increase on Union Pacific (UNP) amid concerns about weaker volumes, accommodative pricing and rising inflation. But it expects third-quarter results to remain stable.

Daiwa downgrading the company neutral, cautioned that current earnings and valuation estimates largely reflect the industry’s revenue growth potential.

Contributor to SA Geoff Considine being optimistic on Union Pacific (UNP) due to its improved valuation and management navigating labor issues, fuel costs, high inflation, and lower US rail volumes.

Recent news:

Shares of Union Pacific (UNP) slip 19.3% YTD, outperforms US Railroad S&P 500 and Dow Jones indexes by a narrow margin.

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