CLAIM #59729 · Union Pacific Corporation (UNP) · 2025Q4 earnings call · Jan 27, 2026 · due Dec 31, 2027
“if we're right in the mid single digits for 2026, that puts a big lift on 2027 for us.”
Jennifer Hamann · CFO
How to check this claim
Look at: Full-year revenue growth rate, year-over-year, for fiscal 2026
It came true if: 2026 revenue growth in mid single digits (approximately 4%-6%)
Where: Company income statement (10-K / Q4 2026 earnings release)
In context
“e need, and we feel very comfortable with that. What was your middle question? I missed that one. Ken Hoexter: Just that sorry, that the middle part of it was the ramp into the low mid single digits into 2020 Yes. You could serve for the provision. Jim Vena: I mean, you're right. Mathematically, that does put a lot of pressure on 2027. Jennifer Hamann: Again, we're sitting here on January 27. It's tough to know exactly what's gonna happen. Economic indicators don't look great, but if that's different, we're positioned, we have the resources, and we're going to capitalize on that, absolutely. The market's not telling us that's available today, but the market's often wrong. Seeing ahead to 2027, again, continue to run well, we feel very comfortable with the guide, even though that does mean if we're right in the mid single digits for 2026, that puts a big lift on 2027 for us. And we stopped the share buyback. Jim Vena: $45 billion $4.5 billion this year. Just because we're making sure that we have the cash, as Jennifer spoke about. And Ken, you should know me by now and you should know this team. We'd rather be a little conservative in what we how we look at it and make sure that we over deliver on what we have. And that's our challenge all the time. So Cam, good question. You very much. Appreciate the time. Ken Hoexter: Thanks, Jim. Thanks, Jim. Operator: The next question is from the line of David Vernon with Bernstein. Bernstein. Please proceed with your question. Jim Vena: Good morning, David. David Vernon: Hey, Good morning, Jim. So a bigger picture question for you around of the the the access issues. Obviously, the the regulator came out with the decisi”
Verify independently
SEC filings for UNP ↗ · Claim quote is verbatim from the 2025Q4 earnings call.