S&P 500 (NYSE:SPY) component Union Pacific (NYSE:UNP) will unveil its latest earnings tomorrow, Thursday, January 24, 2013. Union Pacific links 23 states in the western two-thirds of the United States through its operating company, Union Pacific Railroad Company.
Union Pacific Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for profit of $2.16 per share, a rise of 8.5% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $2.20. Between one and three months ago, the average estimate moved down. It also has dropped from $2.17 during the last month. Analysts are projecting profit to rise by 22.8% compared to last year’s $8.25.
Past Earnings Performance: The company met estimates last quarter after beating the forecasts in the prior two. In the third quarter, the company reported net income of $2.19 per share versus a mean estimate of profit of $2.19 per share. In the second quarter, the company beat estimates by 14 cents.
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A Look Back: In the third quarter, profit rose 15.3% to $1.04 billion ($2.19 a share) from $904 million ($1.85 a share) the year earlier, meeting analyst expectations. Revenue rose 4.7% to $5.34 billion from $5.1 billion.
Here’s how Union Pacific traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: