Union Pacific (UNP) Q3 Earnings Miss Estimates, Down Y/Y
Union Pacific Corporation’s UNP third-quarter 2020 earnings of $2.01 per share missed the Zacks Consensus Estimate of $2.03. Moreover, the bottom line declined 9.5% on a year-over-year basis.
Operating revenues of $4,919 million also missed the Zacks Consensus Estimate of $4,983 million. Moreover, the top line declined 10.8% on a year-over-year basis due to sluggish freight revenues (down 11% to $4,596 million). Business volumes, measured by total revenue carloads, declined 4% year over year.
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https://finance.yahoo.com/news/union-pac...03519.html
Union Pacific Corporation’s UNP third-quarter 2020 earnings of $2.01 per share missed the Zacks Consensus Estimate of $2.03. Moreover, the bottom line declined 9.5% on a year-over-year basis.
Operating revenues of $4,919 million also missed the Zacks Consensus Estimate of $4,983 million. Moreover, the top line declined 10.8% on a year-over-year basis due to sluggish freight revenues (down 11% to $4,596 million). Business volumes, measured by total revenue carloads, declined 4% year over year.
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https://finance.yahoo.com/news/union-pac...03519.html
![[Bild: UNPc1dl1317.png]](https://finviz.com/publish/102520/UNPc1dl1317.png)
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