Union Pacific Raises 2026 Capital Plan to $3.5 Billion, Maintains EPS Outlook

Union Pacific lifted planned 2026 capital spending by $200 million to $3.5 billion while maintaining its outlook for high-single-digit growth in reported earnings per share. The company’s 2026 plan was previously set at $3.3 billion in July. Planned investments cover growth, network safety and resilience, operating efficiency, infrastructure hardening and replacement, locomotive modernization, and freight cars. For the quarter ended Sept. 30, operating revenue was $7.197 billion, compared with $6.244 billion a year earlier. Net income rose to $2.076 billion from $1.788 billion, and diluted earnings per share increased to $3.49 from $3.01.

Source: TokenPost