Advertisement

First look: Union Pacific earnings


Thank you for reading this post, don't forget to subscribe!

Union Pacific Corp. immediately reported 2025 second quarter web earnings of $1.9 billion, or $3.15 per diluted share, up from web earnings of $1.7 billion, or $2.74 per diluted share within the year-ago quarter.

The latest quarter included a deferred tax advantage of $115 million, partially offset by a crew staffing settlement of $55 million, the Omaha-based provider mentioned in a launch.

Adjusted web earnings was $1.8 billion, up from $1.7 billion in 2024.

The corporate (NYSE: UNP) on Thursday additionally confirmed that it’s in superior merger talks with Norfolk Southern (NYSE: NSC) that if profitable would create the primary transcontinental railroad.

“We’re delivering on our technique and our second quarter outcomes reveal our dedication to main the trade as we set new requirements for security, service, and operational excellence,” mentioned Jim Vena, Union Pacific chief government, within the launch. “The inspiration is constructed, we’re rising with our prospects, and we’ve robust momentum as we proceed to maximise the worth of our nice franchise.”

Quarterly working income of $6.2 billion grew 2% on larger freight quantity and pricing partially offset by decreased gas surcharge, enterprise combine, and decrease different income. Freight income excluding gas surcharge grew 6%.

The working ratio was 59%, an enchancment of 100 foundation factors. Adjusted working ratio was 58.1%, an enchancment of 230 foundation factors.

Subscribe to FreightWaves’ Rail e-newsletter and get the most recent insights on rail freight proper in your inbox.

Discover extra articles by Stuart Chirls right here.

Associated protection:

Union Pacific and Norfolk Southern verify superior merger talks

CSX income fall on decrease income, larger prices

First look: Weaker coal, carloads hit CSX earnings

As merger speak heats up, deep bench will advise rail regulator

The submit First look: Union Pacific earnings appeared first on FreightWaves.