By Katherine Hamilton
Union Pacific shared a relatively flat first-quarter profit and sales, and reaffirmed its full-year outlook despite what it called an uncertain macroeconomic environment.
The railroad company on Thursday posted a profit of $1.63 billion, or $2.70 a share, in the three months ended March 31, compared with $1.64 billion, or $2.69 a share, a year earlier.
Earnings came in just under expectations, as analysts polled by FactSet were expecting $2.74 a share.
Revenue was essentially flat at $6.03 billion. Analysts surveyed by FactSet forecast revenue of $6.07 billion.
Union Pacific reaffirmed its full-year outlook while acknowledging economic uncertainty. Volume is expected to be affected by a mixed economic backdrop and coal demand. There is no change to the company's long-term capital allocation strategy, and earnings per share growth is consistent with its three-year target.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
April 24, 2025 08:09 ET (12:09 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。