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CLAIM #59642 · Union Pacific Corporation (UNP) · 2025Q1 earnings call · Apr 24, 2025 · due Dec 31, 2025

We think if everything comes to a normal, much more normal situation, I think we will deliver that and we're very comfortable that we have the opportunity to do that.

Jim Vena · CEO

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versus commitment · official band 5 percent
Committed
We think if everything comes to a normal, much more normal situation, I think we will deliver that and we're very comfortable that we have the opportunity to do that.
Reported
Union Pacific reported 2025 full year reported net income of $7.1 billion, up 6% and earnings per share of $11.98, up 8%.

In context

st quarter what's possible with this railroad. If you come in with a fundamental railroad that's operating in a very well in a good manner, what happens is you can build from that. The reaction is what happens with all these items that I've these vectors that I've talked about coming in at us. End of the day, I'm comfortable we need to react, we will react. But at this point, I think it's so fluid I woke up this morning to see when I woke up with when I normally do. Went to bed last night at midnight after watching that bad hockey game. That my team lost real bad. And woke up this morning to see what the news was the latest. And at this point, it's a day-to-day, week-to-week reaction of what's happening out to the marketplace. So that's why Chris we're sticking to our three-year guidance. We think if everything comes to a normal, much more normal situation, I think we will deliver that and we're very comfortable that we have the opportunity to do that. Anything you wanna add? Jennifer Hamann: No. I mean, you I think you hit all the right points, Jim. And you know, we are looking at it a number of different ways both in terms of what we think is gonna happen on the demand side. But, obviously, Eric and his team have to be prepared in terms of if demand does fall, what are the levers that we can pull. And so when we look at that in totality, we feel comfortable that we've got the right strategy. We're well positioned. And obviously, we want to take advantage of carloads when they're there. And I think we're doing a really good job of that today. Jim Vena: Thank you very much. Appreciate it. Thank you. Operator: Our next question comes from the line of Tom Wadewitz with UBS. Please proceed with your question. Tom Wadewitz: I guess this is

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SEC filings for UNP · Claim quote is verbatim from the 2025Q1 earnings call.