Summary
Union Pacific Corporation (UNP) filed an 8-K on December 1, 2021, reporting on a presentation made by its CFO, Jennifer L. Hamann, at the 2021 Stephens Annual Investor Conference. While reaffirming expectations for a record financial performance in 2021, the company adjusted its full-year guidance. Key revisions include a lowered volume growth forecast to approximately 4% and a reduced productivity improvement target to around $250 million.
Key Highlights
- 1Union Pacific Corp (UNP) reaffirmed its expectation of record financial performance for fiscal year 2021.
- 2Full-year 2021 volume growth guidance was revised downwards to approximately 4%.
- 3Productivity improvement guidance for fiscal year 2021 was lowered to approximately $250 million.
- 4Operating ratio improvement guidance for fiscal year 2021 was adjusted to around 150 basis points.
- 5The information was disclosed by the CFO, Jennifer L. Hamann, at the 2021 Stephens Annual Investor Conference on November 30, 2021.
- 6The full presentation is available on Union Pacific's investor relations website.