Union Pacific presents Q2 results and merger update
The company highlighted strong operational metrics and provided an amended application to the STB regarding its proposed Norfolk Southern acquisition.
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The company highlighted strong operational metrics and provided an amended application to the STB regarding its proposed Norfolk Southern acquisition.
The report shows an operating loss of SEK 222 million as well as a capital injection of up to SEK 1.4 billion from the state. The company highlights progress in safety and digitalization despite the pandemic.
Diluted EPS rose to $1.04 and core adjusted EPS increased 16% to $1.28, driven by a 15% revenue growth.
The railroad achieved CAD 4.2 billion in revenues, a 61.9 operating ratio, and 16% EPS growth driven by volume expansion and operational efficiency.
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