Union Pacific Corporation (UNP) Q3 2024 Earnings Call Transcript

Union Pacific Corporation (NYSE:UNP) Q3 2024 Results Conference Call

October 24, 2024 8:45 AM ET

Company Participants:

Jim Vena – CEO

Jennifer Hamann – EVP and CFO

Kenny Rocker – EVP, Marketing and Sales

Eric Gehringer – EVP, Operations

Conference Call Participants:

Ken Hoexter – Bank of America

Chris Wetherbee – Wells Fargo

Walter Spracklin – RBC Capital Markets

David Vernon – Bernstein

Mike Triano – UBS

Daniel Imbro – Stephens

Jon Chappell – Evercore ISI

Brian Ossenbeck – JPMorgan

Ben Nolan – Stifel

Eric Morgan – Barclays

Stephanie Moore – Jefferies

Scott Group – Wolfe Research

Elliot Alper – TD Cowen

Ariel Rosa – Citigroup

Operator: Greetings, and welcome to Union Pacific’s Third Quarter Earnings Call. As a reminder, this conference is being recorded, and the slides for today’s presentation are available on Union Pacific’s website.

Union Pacific Corporation (NYSE:UNP) recently held its Q3 2024 Results Conference Call, with key company executives and analysts participating in the call. The CEO, Jim Vena, along with the EVPs and other executives discussed the financial performance and key highlights of the quarter.

During the call, discussions revolved around the company’s financial results, strategic initiatives, and future outlook. The executives highlighted the company’s profit-focused approach, emphasizing the importance of operational efficiency and strong marketing and sales strategies.

Analysts from various financial institutions such as Bank of America, Wells Fargo, and RBC Capital Markets also participated in the call, providing their insights and asking questions about Union Pacific’s performance.

The conference call provided valuable insights into Union Pacific’s operations and financial standing, giving investors and analysts a deeper understanding of the company’s performance in the third quarter of 2024.

How Will This Affect Me?

As an investor, the information shared during Union Pacific’s Q3 2024 Results Conference Call can help you make informed decisions about your investment in the company. Understanding the company’s financial performance and future outlook can guide your investment strategy and decision-making process.

How Will This Affect the World?

Union Pacific is a major player in the transportation and logistics industry, and its performance can have ripple effects on the wider economy. A strong financial performance by Union Pacific can signal economic growth and stability, impacting various industries and markets around the world.

Conclusion

The Q3 2024 Results Conference Call by Union Pacific Corporation provided valuable insights into the company’s financial performance and strategic initiatives. The discussions during the call highlighted the company’s focus on profitability and operational efficiency, setting a positive outlook for investors and the wider economy.

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