UNION PACIFIC CORP — Form 8-K
Filed October 22, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 42/100
What the filing says
Union Pacific reported Q3 2026 diluted EPS of $3.49 (up 16% YoY) and adjusted EPS of $3.53 (up 15%), on operating revenue of $7.2B (up 15% YoY). Operating ratio improved to 59.1% (adjusted 58.8%). Revenue carloads grew 6% to 2,293k; freight revenue increased 15% to $6.8B driven by volume growth, pricing gains, and higher fuel surcharge. Company affirmed 2026 guidance for high-single-digit EPS growth and reaffirmed 3-year CAGR target through 2027. Capital plan set at $3.5B.
Why this rating
Strong Q3 operational execution; 15% revenue growth and 16% EPS growth are solid but driven partly by favorable fuel surcharge and volume. At $136B market cap, a single quarter's results (even strong ones) is routine; no material business change signaled. Merger uncertainty remains a headwind.
See more from October 22, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.