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Union Pacific delivered solid financial performance in Q3 2025, achieving record freight operations, improving efficiency, and progressing toward its strategic merger with Norfolk Southern.
Union Pacific delivered strong Q2 2025 results, with revenue growth driven by freight demand, improved operating ratio, and record locomotive and workforce productivity.
Union Pacific posted steady Q1 results with revenue of $6.0 billion and net income of $1.626 billion. EPS was unchanged at $2.70, as gains from volume and pricing were offset by fuel headwinds and unfavorable business mix.