Form 8-K · Current Report · Filed 2024-09-19
Union Pacific Corporation Discloses Financial Guidance at 2024 Investor Day
During its 2024 Investor Day, Union Pacific Corporation announced financial guidance indicating expectations of revenue growth, accretive pricing, a maintained industry-leading operating ratio, an earnings per share compound annual growth rate in the high single to low double-digit range, capital investments of $3.5 to $3.7 billion annually, an industry-leading return on invested capital, annual share repurchases of $4 to $5 billion, consistent annual dividend increases, and a dividend payout ratio target of approximately 45% of earnings.
- Filer
- Union Pacific Corporation UNP · NYSE
- Filed
- Accession
- 0001437749-24-029518
- CIK
- 0000100885
- Signal
- Low impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Regulation FD Disclosure
Market reaction
Close before filing
$251.20
Next session
-2.3%
Since filing
+16.3%
Latest close
$292.13
What happened, not what will happen — closing prices around the filing date.
About Union Pacific Corporation
Union Pacific Corporation is a prominent transportation company renowned for its extensive network of railroads across the United States. As one of the largest freight transportation services in North America, it operates a significant portion of the American rail infrastructure, serving approximately 23 states across the western two-thirds of the United States. Union Pacific Corporation's primary function is to transport freight, which includes a diverse array of commodities such as agricultural products, automotive items, industrial chemicals, coal, and a wide range of consumer goods. This railroad operator plays a crucial role in the supply chain, providing essential links between producers and markets, thereby facilitating economic growth and development. The company’s operations are integral to the industries it serves, providing a reliable mode of bulk transportation and contributing to the efficiency and competitiveness of U.S. businesses. With a history dating back to 1862, Union Pacific Corporation is a fundamental pillar in the American transportation sector, representing a robust and enduring legacy in the railroad industry.
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