Adjusted diluted EPS of $3.41 topped the $3.24 estimate, while operating revenue rose 12% to $6.864 billion, beating the $6.713 billion estimate.
Earnings And Revenue
Net income rose 6% to a record $1.993 billion. GAAP diluted EPS increased 7% to $3.36, while adjusted net income climbed 12% to $2.028 billion, excluding $35 million in acquisition-related costs.
Freight revenue increased 12% to a record $6.518 billion, with carloads up 2%.
Union Pacific posted its highest-ever freight revenue during the second quarter, driven by higher volumes, pricing gains and fuel surcharge revenue.
