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After Record 2022 Profits, Is Union Pacific Stock a Buy?

TheMotleyFool

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After Record 2022 Profits, Is Union Pacific Stock a Buy?: https://g.foolcdn.com/editorial/images/719626/img_up_media_chicago_track2.jpg

After carefully negotiating its way out of an industrywide railroad strike, Union Pacific (NYSE: UNP) steams ahead into 2023. The Omaha-based rail carrier posted record 2022 earnings last month amid a challenging operating environment.

Let's take a look at recent performance and full-year results to determine if this railroad stock is a buy.

Fourth-quarter revenue climbed 8% year over year thanks to higher fuel surcharge revenue, strategic price increases, and demand growth. Also helping to drive revenue in Q4 was Union Pacific's fuel consumption rate, which improved 2%.

Source Fool.com

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