CLAIM #59641 · Union Pacific Corporation (UNP) · 2025Q1 earnings call · Apr 24, 2025 · due Dec 31, 2025
“What we look at at this point in time, we're very comfortable that we're standing by our guidance that we provided last year.”
Jim Vena · CEO
In context
“onsistent with the long-term targets, and I think that could kinda take a couple of different meanings. So I was kinda curious if you wanted to maybe put a little bit of a finer point, kinda think about what the potential outcomes could be either from an earnings perspective, maybe an operating ratio perspective. Just wanted to see if you can put some framework around what you 2025 might look like just given the uncertainty that's out there. Jim Vena: Well, Chris, that's a great question and a great way to start off. So at this point, there's a lot of things tariffs, economy, what the consumer does, what interest rates are gonna happen with interest rates, what's gonna happen with the tax package or the packages that the Congress is looking at doing. So all those things are up in the air. What we look at at this point in time, we're very comfortable that we're standing by our guidance that we provided last year. Now is it a little muddier at this point than it was when we gave it last year? Absolutely. But at this point, what we're seeing and that's why Jennifer mentioned our carloads are pretty strong. So far in April. And the mix is pretty strong. So we like what we see and we just don't want to get because everything is so fluid, it we'd be remiss start talking about what's gonna happen as we move through the rest of the year. For us though, what we look at and it's very key foundationally, fundamentally, we have a railroad that's and we're able to be able to take a look at how we spend money on the railroad what we're doing in a very efficient manner. And Eric took you through the details of how how we're doing and how we're looking at things. And I think we've shown over the last few quarter”
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SEC filings for UNP ↗ · Claim quote is verbatim from the 2025Q1 earnings call.