

Union Pacific and United Parcel beat Q3 earnings estimates, but differences in share price performance, valuation and growth strategies tilt the scales in one stock's favor.

Hourglass Capital LLC cut its position in shares of Union Pacific Corporation (NYSE: UNP) by 7.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,536 shares of the railroad operator's stock after selling 2,035 shares during the quarter. Union Pacific accounts

Union Pacific reported record third quarter freight revenue of $6.8 billion. Domestic intermodal volume grew 13% on service reliability and buffer resources.

Union Pacific Corp. (NYSE:UNP) on Thursday reported better-than-expected third-quarter earnings and revenue.

Union Pacific just beat earnings and raised its dividend for the 20th straight year, but a looming merger is redirecting billions away from shareholders. Here is what income investors need to know before the deal closes in 2027.


Union Pacific NYSE: UNP reported record third-quarter financial results as freight volume growth, operating productivity and intermodal demand supported higher revenue and earnings, while elevated diesel prices remained a significant cost headwind.

Union Pacific Corporation ( UNP ) Q3 2026 Earnings Call October 22, 2026 8:45 AM EDT Company Participants Vincenzo Vena - CEO & Director Jennifer Hamann - Executive VP & CFO Kenny Rocker - Executive Vice President of Marketing & Sales Eric Gehringer - Executive Vice President of Operations Conference Call Participants Christian Wetherbee - Wells Fargo Securities, LLC, Research Division Ken Hoexter - BofA Securities, Research Division Scott Group - Wolfe Research, LLC Jason Seidl - TD Cowen, Research Division Walter Spracklin - RBC Capital Markets, Research Division David Vernon - Bernstein Institutional Services LLC, Research Division Stephanie Benjamin Moore - Jefferies LLC, Research Division Jordan Alliger - Goldman Sachs Group, Inc., Research Division Ariel Rosa - Citigroup Inc., Research Division Brian Ossenbeck - JPMorgan Chase & Co, Research Division Thomas Wadewitz - UBS Investment Bank, Research Division Jonathan Chappell - Evercore ISI Institutional Equities, Research Division Richa Talwar - Deutsche Bank AG, Research Division Brandon Oglenski - Barclays Bank PLC, Research Division Presentation Unknown Attendee Thank you for accessing Union Pacific Corporation's 2026 Third Quarter Earnings Conference Call held at 8:45 a.m. Eastern Time on October 22, 2026, in Omaha, Nebraska.