Railroad Franchise Union Pacific On The Right Track? Exceeds Q4 Expectations But Warns On Muted Volume Outlook

Railroad Franchise Union Pacific On The Right Track? Exceeds Q4 Expectations But Warns On Muted Volume Outlook

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Union Pacific Corporation UNP reported a fourth-quarter FY23 operating revenue of $6.159 billion, beating the consensus of $6.05 billion. Operating revenue was flat, driven by increased volume and core pricing gains offset by reduced fuel surcharge revenue and business mix. Freight revenues…

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