Union Pacific Q2 2024 GAAP EPS $2.74 Beats $2.72 Estimate, Sales $6.01B Miss $6.06B Estimate
Portfolio Pulse from Benzinga Newsdesk
Union Pacific (NYSE:UNP) reported Q2 2024 GAAP EPS of $2.74, beating the estimate of $2.72. However, sales of $6.01 billion missed the $6.06 billion estimate. Sales increased by 0.79% compared to the same period last year.
July 25, 2024 | 11:46 am
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Union Pacific's Q2 2024 earnings per share of $2.74 beat estimates, but sales of $6.01 billion missed expectations. Sales increased by 0.79% year-over-year.
While Union Pacific's EPS beat expectations, the miss on sales and the marginal year-over-year sales increase may lead to mixed market reactions. Investors might be cautious due to the sales miss, balancing the positive EPS news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100