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CLAIM #59524 · Union Pacific Corporation (UNP) · 2024Q1 earnings call · Apr 25, 2024 · due Dec 31, 2024

We are though exceeding, just the dollars are exceeding the inflation dollars. We're still very confident of that.

Jennifer Hamann · CFO

PENDING
graded after results covering Dec 31, 2024 are reported

In context

tting closer to that inflection yet. And then can you just clarify that if we've seen the full impact of the coal RPU headwind from lower nat gas, or if there's another step-down coming there? Jennifer Hamann: Yes. I'll let Kenny talk -- take that coal question. But you're hearing it right. We're putting a lot of pressure on Kenny and the team to go out there and deliver the price, and they're very much stepping up to that and are taking on that challenge and being aggressive in the marketplace. Obviously, we improved our margins in the quarter. So the combination of our volume, which was down a little bit, but price and productivity is what's driving the margin improvement. I can't say that we're accretive yet from just a pure price inflation standpoint, but that absolutely is the goal. We are though exceeding, just the dollars are exceeding the inflation dollars. We're still very confident of that. Kenny? Kenny Rocker: Yes. I just want to reiterate what Jennifer said, we'll exceed our inflationary dollars. On this coal question that you have, we're looking at the same things. You're looking at in terms of the natural gas futures, and we're talking to our customers, similar to my comments around domestic intermodal. Yes, I think we're at the trough levels, when they will come up is yet to be seen. They're still depressed. We'll see if we get some seasonal lift here going into the spring and the summer. I want a hot, muggy summer so we can move more business. But if that doesn't happen, we'll see what Eric and the team to do for us to efficiently move the coal business. Thank you for the question. Vincenzo Vena: I'm telling you, and I have to jump in on this one here, Kenny and team

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SEC filings for UNP · Claim quote is verbatim from the 2024Q1 earnings call.