Union Pacific (NYSE: UNP ) is expected to report Q3 earnings on Oct. 18. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Union Pacific's revenues will grow 5.4% and EPS will increase 18.9%.
The average estimate for revenue is $5.38 billion. On the bottom line, the average EPS estimate is $2.20.
Revenue details
Last quarter, Union Pacific notched revenue of $5.22 billion. GAAP reported sales were 7.5% higher than the prior-year quarter's $4.86 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, EPS came in at $2.10. GAAP EPS of $2.10 for Q2 were 32% higher than the prior-year quarter's $1.59 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 45.0%, 410 basis points better than the prior-year quarter. Operating margin was 33.0%, 430 basis points better than the prior-year quarter. Net margin was 19.2%, 300 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $21.14 billion. The average EPS estimate is $8.29.
Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,284 members out of 1,331 rating the stock outperform, and 47 members rating it underperform. Among 326 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 318 give Union Pacific a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Union Pacific is outperform, with an average price target of $128.96.