Although revenue fell for the fourth quarter 2020, company managed to improve it's earnings per share, earnings grew modestly by 1.49 % to $2.05 per share while Sales fell by
-1.36 % to $
5.14 billions, year on year.
![Railfest_numb_By_mattbuck_(category)_(Own_work_by_mattbuck.)[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Railfest_numb_By_mattbuck_(category)_(Own_work_by_mattbuck.)[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons](../news/img/railroad/Railfest_numb_By_mattbuck_(category)_(Own_work_by_mattbuck.)[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons.jpg)
From preceding quarter, income improved from $2.01 per share and Sales increased by 4.51 % from $4.92 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 $1,380.000 millions in the fourth quarter 2020 fell by
-1.64 % from $1,403.000 millions in the corresponding period a year before. Looking further into fourth quarter 2020 Union Pacific Corporation's profitability, operating margin mitigated to 39.02%, and net margin shrank to 26.84%.
Analysing further company's results, an astounding rise of 37.55% in Energy Rev. Per Unit to 2,334.28 $ explains the fourth 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 %. Looking into financial results for the fiscal year 2020, Union Pacific Corporation reported Sales of $
19.53 billions and net income of $
5.35 billions.
Railroads Company explained also, that Eps decreased by
-5.97 % to $7.88 per share from $8.38 in the previous fiscal year, while Sales deteriorated by
-10.02 % from $21.71 billions a year ago.
Union Pacific Corporation is expected to report next financial results on April 22, 2021.