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What's in the Offing for Union Pacific in Q2 Earnings?
Union Pacific Corporation (NYSE: UNP) is scheduled to report second-quarter 2024 results on Jul 25 before market open.
Union Pacific has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missing once. The average beat is 2.34%.
Union Pacific Corporation Price and EPS Surprise
Union Pacific Corporation price-eps-surprise | Union Pacific Corporation Quote
The Zacks Consensus Estimate for UNP's soon-to-be reported quarter's earnings has been revised downward by 1.81% in the past 60 days to $2.71 per share. The Zacks Consensus Estimate for revenues is pegged at $6.07 billion, which indicates growth of 1.8% from the year-ago levels.
The company is grappling with a freight market downturn.Below-par freight rates are hurting Union Pacific's prospects.
Our estimate for freight revenues is pegged at $5.7 billion, which is roughly flat compared with the first-quarter ...