Union Pacific (UNP) Gains As Market Dips: What You Should Know

Union Pacific (UNP) Gains As Market Dips: What You Should Know
This story originally appeared on Zacks

In the latest trading session, Union Pacific (UNP) closed at $252.79, marking a +0.3% move from the previous day. This change outpaced the S&P 500’s 1.94% loss on the day. At the same time, the Dow lost 1.07%, and the tech-heavy Nasdaq lost 0.39%.

Union Pacific (UNP) Gains As Market Dips: What You Should Know – Zacks

Coming into today, shares of the railroad had gained 1.84% in the past month. In that same time, the Transportation sector gained 5.57%, while the S&P 500 gained 5.72%.

Union Pacific will be looking to display strength as it nears its next earnings release, which is expected to be January 20, 2022. On that day, Union Pacific is projected to report earnings of $2.65 per share, which would represent year-over-year growth of 12.29%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.64 billion, up 9.75%…

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