Union Pacific Corp (UNP) SEC Filing 10-Q Quarterly report for the period ending Sunday, September 30, 2018

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Union Pacific Corp
Ticker: UNP CIK: 100885

Exhibit 99.1

Union Pacific Reports Record Third Quarter Results

Third Quarter Diluted Earnings per Share up 43 Percent

FOR IMMEDIATE RELEASE

Third Quarter Results

Diluted earnings per share of $2.15 increased 43 percent.

Operating income totaled $2.3 billion, up 9 percent.

Operating ratio of 61.7 percent, flat with third quarter 2017 (see footnote 1).

OMAHA, Neb., Oct. 25, 2018 – Union Pacific Corporation (NYSE: UNP) today reported 2018 third quarter net income of $1.6 billion, or a third quarter record $2.15 per diluted share. This compares to $1.2 billion, or $1.50 per diluted share, in the third quarter 2017.

“While we reported solid financial results, we did not make the service and productivity gains that we expected during the quarter. However, we are making progress implementing our new Unified Plan 2020 and we are well positioned to drive improvement going forward,” said Lance Fritz, Union Pacific chairman, president and chief executive officer. “I am confident we have the right people and plans in place to improve our operations, provide more reliable service for our customers, and achieve industry-leading financial performance.”

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The following information was filed by Union Pacific Corp (UNP) on Thursday, October 25, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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