Union Pacific Corporation · UNP · Next earnings

Union Pacific Corporation reports Tuesday, Jan 26, 2027

UNP reports before market open with consensus EPS at $3.31 and revenue at $7.13B. Last quarter: Union Pacific Posts Record Q3 as Volumes and Productivity Improve

Reports Before market open82 days awayDate estimated Industrials

What the street expects

Consensus for the coming report
Consensus EPS $3.31 Calendar consensus
Consensus revenue $7.13B Calendar consensus
Report date Jan 26, 2027 Tuesday, date estimated
Session Before market open 82 days away

Where UNP left off: FY2026 Q3

Full report

Union Pacific Posts Record Q3 as Volumes and Productivity Improve

EPS surprise +1.7% Reported $3.53 vs $3.47
Revenue surprise +0.5% Reported $7.20B vs $7.16B
Stock move +3.6% Event window
Subsequent drift 0.0% Up to 20 sessions

Management maintained its high-single-digit full-year EPS growth guidance, versus a raised outlook in the prior quarter.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Fuel-price volatility and higher fuel expense could weigh on margins.
  • Regulatory approval, labor concerns and execution could delay or complicate the Norfolk Southern merger.
  • Autonomous trucking and competing rail carriers may pressure intermodal economics.
  • Lower natural-gas prices could affect coal and renewable-fuels volumes.

Questions analysts left open

  • Regulatory approval and timing for the Norfolk Southern merger, including STB, DOJ and DOT processes.
  • Higher and volatile fuel costs could pressure the fourth-quarter operating ratio.
  • Intermodal profitability and pricing remain exposed to competition from trucking and other rail carriers.
  • Productivity gains and workforce capacity must keep pace with continued growth.

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Recent UNP quarters

All UNP earnings
+3.6%FY2026 Q3+4.0%FY2026 Q2+8.8%FY2026 Q1-2.3%FY2025 Q3

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.