Union Pacific (UNP) beats earnings and missed revenue. Its 3Q adjusted EPS came in at $2.51 versus an estimated $2.45 and its revenue came in at $5.94 versus an estimated $6.00M. Alex Coffey discusses this earnings report. He talks about how UNP’s focus is on efficiency, safety, and improving network fluidity, and they seem to be making progress towards those goals. UNP’s 3Q freight car velocity was 200 daily miles per car, which is up 5%. Tune in to find out more about the stock market today.
Morning Trade Live
19 Oct 2023
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