Compared to Estimates, Union Pacific (UNP) Q4 Earnings: A Look at Key Metrics

Union Pacific (UNP) reported $6.09 billion in revenue for the quarter ended December 2025, representing a year-over-year decline of 0.6%. EPS of $2.86 for the same period compares to $2.91 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $6.14 billion, representing a surprise of -0.82%. The company delivered an EPS surprise of -1.47%, with the consensus EPS estimate being $2.90.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Union Pacific performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Operating Ratio: 60.5% compared to the 58.8% average estimate based on four analysts.Revenue Ton-Miles: 106.52 billion versus the three-analyst average estimate of 105.12 billion.Revenue Carloads - Total: 2.07 million compared to the 2.1 million average estimate based on three analysts.Revenue Ton-Miles - Industrial Products: 31.1 billion compared to the 31.99 billion average estimate based on three analysts.Freight Revenues- Bulk: $1.92 billion compared to the $1.93 billion average estimate based on three analysts. The reported number represents a change of +3% year over year.Operating Revenues- Other revenues: $326 million versus the three-analyst average estimate of $319.31 million. The reported number represents a year-over-year change of -1.8%.Freight Revenues- Industrial Products: $2.12 billion versus $2.18 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +1.2% change.Freight Revenues- Premium: $1.72 billion compared to the $1.71 billion average estimate based on three analysts. The reported number represents a change of -6% year over year.Operating Revenues- Freight revenues: $5.76 billion versus $5.82 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -0.5% change.Freight Revenues- Forest products: $302 million versus the two-analyst average estimate of $334.54 million. The reported number represents a year-over-year change of -6.8%.Freight Revenues- Energy & specialized markets: $659 million versus the two-analyst average estimate of $705.38 million. The reported number represents a year-over-year change of -3%.Freight Revenues- Intermodal: $1.14 billion versus the two-analyst average estimate of $1.12 billion. The reported number represents a year-over-year change of -8.7%.View all Key Company Metrics for Union Pacific here>>>Shares of Union Pacific have returned -1.6% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Just Released: Zacks Top 10 Stocks for 2026Hurry – you can still get in early on our 10 top tickers for 2026. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful.From inception in 2012 through November, 2025, the Zacks Top 10 Stocks gained +2,530.8%, more than QUADRUPLING the S&P 500’s +570.3%.Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2026. You can still be among the first to see these just-released stocks with enormous potential.See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Union Pacific Corporation (UNP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks