By Connor Hart
Union Pacific logged slightly higher profit and revenue in the second quarter while reaffirming its full-year outlook, while also warning of challenges in the back half of the year.
The Omaha, Neb., railroad company on Thursday posted a profit of $1.88 billion, or $3.15 a share, compared with $1.67 billion, or $2.74 a share, a year earlier.
Adjusted earnings came in at $3.03 a share, ahead of the $2.91 a share that analysts surveyed by FactSet expected.
Revenue ticked up 2.4% to $6.15 billion, roughly in line with analyst projections. The company attributed its improved top line to higher volumes and prices, though it noted the gains were partially offset by reduced fuel surcharge.
Revenue carloads were up 4% from last year's comparable quarter, while freight-car velocity improved 10% to 221 daily miles per car. The company noted that average maximum train length and workforce productivity both improved year over year.
Union Pacific reaffirmed its full-year outlook, while also acknowledging that it will face challenging international intermodal comparisons in the second half of the year.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
July 24, 2025 08:10 ET (12:10 GMT)
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