Union Pacific Railway
Union Pacific recalls some crews as profit beats estimates PDF Print E-mail
Written by Craig Trudell - Bloomberg   
Monday, 27 July 2025 11:42
NEW YORK — Union Pacific Corp., the second- biggest U.S. railroad, posted a quarterly profit that beat analysts’ estimates as a 56 percent plunge in its fuel price helped blunt a drop in shipping demand.

Second-quarter net income fell 12 percent to $468 million, or 92 cents a share, from $531 million, or $1.02, a year earlier, the Omaha, Nebraska-based company said today in a statement. Sales decreased 28 percent to $3.3 billion.

The railroad’s average cost for diesel fuel tumbled to $1.57 a gallon from $3.60 a year earlier. Savings from fuel and payroll cuts contributed to a 30 percent drop in operating expenses, as freight volume dropped 22 percent.

“You can’t save yourself to prosperity through cost cuts over time,” Chief Executive Officer James Young said in a Bloomberg Television interview. “When the economy turns around, and it will, we’ll be prepared to handle the volume.”
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Last Updated on Monday, 27 July 2025 11:44
 
Union Pacific reports second quarter earnings PDF Print E-mail
Written by Union Pacific   
Saturday, 25 July 2025 00:56
OMAHA, Neb. — Union Pacific Corporation (NYSE: UNP) today reported 2009 second quarter net income of $468 million, or $0.92 per diluted share, compared to $531 million, or $1.02 per diluted share for the second quarter 2008. Included in the second quarter 2009 net income is $72 million, or $0.14 per diluted share, related to a June land sale to Colorado's Regional Transportation District.

Second Quarter 2009 Highlights

* Operating income totaled $751 million, down 19 percent.
* Net income declined 12 percent to $468 million.
* On-going efficiency and pricing gains contributed to a record second quarter operating ratio of 77.3 percent.
* Average quarterly diesel fuel prices decreased 56 percent to $1.57 per gallon.
* Customer Satisfaction Index of 87 tied a quarterly best, up 4 points.
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