The latest update is out from Union Pacific ( (UNP) ).
Union Pacific Corporation is hosting its 2024 Investor Day in Dallas, Texas, where it’s sharing optimistic financial guidance. The company expects its revenue to outpace volume growth and market trends over the next three years, with a positive impact on operating ratio by 2025. They aim to maintain a leading operating ratio and predict a high single to low double-digit earnings per share growth rate. With annual capital investments projected between $3.5 and $3.7 billion, they plan robust share repurchases and consistent dividend increases, targeting a dividend payout ratio of around 45% of earnings.
Learn more about UNP stock on TipRanks’ Stock Analysis page.
