Deterioration in Earnings, Sales Faded

For the second quarter 2020 Union Pacific Corporation income fell by -24.77 % of $1.67 per share compare to $2.22 a year ago and income faded by -22.33 % from $2.15 per share from the previous quarter.

Sales crumbled by -24.16 % to $4.24 billions from $5.60 billions in the same quarter a year ago and sequentially Sales fell by -18.84 % from $5.23 billions.


Sales fell at Agricultural -3.83%, Chemicals -5.77%, Energy -18.29%, Industrial Products -15.68%, Intermodal -11.35%, while revenue growth was achieved at Automotive +0.38%.
Net income of $1,132.000 millions in the second quarter 2020 fell by -27.9 % from $1,570.000 millions in the corresponding period a year before. Looking further into second quarter 2020 Union Pacific Corporation's profitability, operating margin mitigated to 38.97%, and net margin shrank to 26.67%.

Analysing further company's results, an astounding rise of 37.55% in Energy Rev. Per Unit to 2,334.28 $ explains the second quarter 2020 performance.
Other gains in Agricultural Carloads 5.99 %, Revenue Ton-Miles RTMs 5.62 %, were worth mentioning.
While following indicators decreased: RTM per GTM % down -3.07 %.
The Railroads company, also outlined contraction in Energy Carloads -14.01 %, Average Train Speed Miles per Hour -8.4 %.

Union Pacific Corporation is expected to report next financial results on October 22, 2020.