Union Pacific (UNP) reported first quarter net income of $1.7 billion, or $2.87 per share. Results include merger costs of $36 million, or $0.06 per share. This is compared to net income of $1.6 billion or $2.70 per share, last year. Adjusted first quarter net income was $1.7 billion, or $2.93 per share compared to net income of $1.6 billion, or $2.70 per share.
First quarter operating revenue was $6.2 billion, up 3% driven by core pricing gains, fuel surcharge revenue, and business mix partially offset by 1% fewer carloads and lower other revenue. Freight revenue increased 4% and freight revenue excluding fuel surcharge grew 3%.
The company affirmed its 2026 outlook.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.