Union Pacific (UNP) Stock Slips Even As Q3 Earnings Power Impresses

Union Pacific stock slipped 1.8% to about US$292.80 on Friday, giving holders a mild post earnings bruise despite a very strong third quarter. The railroad just posted Q3 2026 revenue of US$7.2b and net income of about US$2.1b, with earnings per share running comfortably above US$3.50. Traders focused on the red number on the screen. Longer term investors will likely be more interested in what this kind of profit engine, paired with record freight volumes and a still disciplined P/E multiple,...