Union Pacific (NYSE: UNP) announced its results for the third quarter on October 20, 2011. Let's take a closer look at the company's industry, financials, and commentary and see what steps you can take next.
Earnings and Revenue:
Wall Street watched as Union Pacific topped expectations with its latest EPS and revenue figures. The company reported EPS of $1.85/share versus the $1.81/share estimate and revenues of $5.1 billion versus the $5.01 billion estimate. EPS rose 18.6% while revenue climbed 15.7% from the same period last year.
Last quarter marked the third in a row of rising net income. Union Pacific has averaged revenue growth of 16.5% over the past five quarters.
Income:
For the year, Union Pacific reported net income of $6.29/share. The company trumped analyst projections of $6.19 by 1.6%. According to the reported number, the company's income rose 16.2% from last year's levels.
Conference Call:
The conference call for third quarter earnings can be accessed here.
Official Comment:
"Union Pacific delivered top and bottom line record results in the third quarter," said Jim Young, Union Pacific chairman and chief executive officer. "We're clearly demonstrating how Union Pacific's diverse franchise and value-added service offerings are driving record free cash flow and improved financial returns for our shareholders."
Industry:
Union Pacific is in the transportation-rail industry. That industry is currently enjoying price/earnings growth of 1%. The company's EPS lags behind the industry average by 38.2%.
What to Do Next:
Now that you've gotten a round up of Union Pacific's latest numbers, you can make a better-informed decision about whether to buy, sell, or hold those shares. Whatever you do, be sure to visit us before the company's next earnings release for a full preview.
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