Union Pacific reports Q1 adjusted EPS $2.93, consensus $2.86

Reports revenue $6.22B, consensus $6.21B. “Our safety, service, and operating momentum continued in the first quarter as we further challenged ‘what’s possible’ from our great railroad,” said Jim Vena, Union Pacific (UNP) Chief Executive Officer. “We grew reported net income 5%, increased earnings per share 6%, and improved our operating ratio. As we advance through the regulatory process to create America’s first transcontinental railroad, we have a solid foundation for another year of industry-leading results.”