Loading…
Loading…
Sentiment · FY2026 Q1
| Analyst | Firm | Questions | ChallengePercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|---|
| Dave Vernon | Bernstein | 8 | 0% |
| Scott Group | Wolfe Research | 7 | 14% |
| Brian Ossenbeck | JPMorgan | 6 | 17% |
| Tom Wadewitz | UBS | 6 | 0% |
| Brandon Oglenski | Barclays | 6 | 17% |
| Ken Hoexter | Bank of America | 6 | 17% |
| Jon Chappell | Evercore ISI | 6 | 50% |
| Chris Wetherbee | Wells Fargo | 6 | 0% |
| Ariel Rosa | Citigroup | 6 | 0% |
| Jason Seidl | TD Cowen | 5 | 0% |
| Firm | Analysts | Questions | ChallengePercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|---|
| Bernstein | 1 | 8 | 0% |
| Wolfe Research | 1 | 7 | 14% |
| JPMorgan | 1 | 6 | 17% |
| Barclays | 1 |
| 6 |
| 17% |
| Jefferies | 2 | 6 | 0% |
| Evercore ISI | 1 | 6 | 50% |
| Citigroup | 1 | 6 | 0% |
| Bank of America | 1 | 6 | 17% |
Union Pacific delivered record Q1 financial results with operating revenue of $6.2B, up 3%, and EPS of $2.87, up 6% year-over-year, as operational excellence produced records across all six KPIs and core pricing gains exceeded inflation. The 2026 outlook for mid-single-digit reported EPS growth and operating ratio improvement was affirmed, and the NS merger revised application reflected stronger conviction. International intermodal volume continued declining, but broad strength in bulk (coal and grain) and domestic intermodal offset the weakness.
M&A | Competitive Dynamics | Demand | Pricing | Margin | Guidance Reliability | Regulation Policy | Revenue Growth | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 3 | 9 | 4 | 3 | 1 | 2 | 4 | |
| 2025Q1 | 2 | 2 | 3 | 2 | 4 | 1 | 3 | |
| 2025Q2 | 5 | 7 | 3 | 3 | 1 | 5 | 3 | |
| 2025Q3 | 10 | 5 | 2 | 4 | 1 | 3 | 1 | 1 |
| 2025Q4 | 6 | 4 | 3 | 2 | 2 | 4 | ||
| 2026Q1 | 6 | 1 | 4 | 2 | 3 | 2 | 1 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| M&A | 5 | 10 | 6 | 6 | ||
| Competitive Dynamics | 3 | 2 | 7 | 5 | 4 | 1 |
| Demand | 9 | 2 | 3 | 2 | 4 | |
| Pricing | 4 | 3 | 4 | 3 | 2 | |
| Margin | 3 | 2 | 3 | 1 | 2 | 3 |
| Guidance Reliability | 1 | 4 | 1 | 3 | 2 | 2 |
| Regulation Policy | 2 | 1 | 5 | 1 | 4 | |
| Revenue Growth | 4 | 3 | 3 | 1 | 1 |
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
UNP Union Pacific Corporation | 6 | +3.1% | |
| CSX CSX Corporation | 7 | +1.7% | |
| NSC Norfolk Southern Railway | 5 | +0.2% | |
| WAB Wabtec | 8 | +13.0% |