Union Pacific 2Q Results: Postgame Scorecard

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With an increase in profit, Union Pacific (NYSE:UNP) beat analysts' expectations in the second quarter.

Earnings and Revenue The company's EPS outpaced analyst estimates while the company's revenues came in line with predictions. The company reported EPS of $2.10 a share versus the $1.96 a share estimate and revenues of $5.22 billion versus the $5.23 billion estimate. The company's reported EPS came in above the high estimate of 23 analysts of a profit of $2.08.

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The company's net income for the quarter was $1 billion. According to the reported number, this is up 27.6% from last year's levels. Revenue climbed 7.5% from $4.86 billion in the same period last year.

Company Fundamental Trends Last quarter marked the third in a row of rising net income. The company's revenue has grown during at least each of the past four quarters on a year-over-year basis.

History Against Expectations The company has now topped analyst estimates for at least the last four quarters. It beat by 15 cents in the first quarter, 18 cents in the fourth quarter of the last fiscal year and 4 cents in the third quarter of the last fiscal year.

Official Comment: "We're clearly delivering on the strength of our diverse franchise," said Jack Koraleski, Union Pacific chief executive officer. "Volume growth across many of our market sectors offset the 17 percent decline in coal volumes. When combined with solid pricing, efficient network operations and continued productivity gains, the net result was our best-ever quarter by nearly every financial measure."

Estimates provided by Zacks Investment Research and company fundamentals from Xignite Financials.