Union Pacific Q2 EPS $2.57 Misses $2.75 Estimate, Sales $5.96B Miss $6.12B Estimate
Portfolio Pulse from Benzinga Newsdesk
Union Pacific reported Q2 earnings of $2.57 per share, missing the analyst consensus estimate of $2.75 by 6.55%. This is a 12.29% decrease from the same period last year. The company also reported quarterly sales of $5.96 billion, missing the analyst consensus estimate of $6.12 billion by 2.61%. This is a 4.93% decrease from the same period last year.
July 26, 2023 | 11:47 am
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NEGATIVE IMPACT
Union Pacific's Q2 earnings and sales missed estimates, with a YoY decrease in both. This could negatively impact the company's stock price in the short term.
Union Pacific's earnings and sales for Q2 have both missed estimates and shown a decrease from the same period last year. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100