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Omaha, Nebraska-based Union Pacific Corporation (UNP) connects 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain. With a market cap of $140.5 billion, Union Pacific ships just about anything: food, forest products, automobiles, agricultural products, coal, chemicals, and more.
The railroad giant is gearing up to release its third-quarter results before the market opens on Thursday, Oct. 23. Ahead of the event, analysts expect UNP to report an adjusted profit of $2.97 per share, up 8% from $2.75 per share reported in the year-ago quarter. The company has surpassed Wall Street’s bottom-line estimates twice over the past four quarters, while missing the projections on two other occasions.
