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Union Pacific is Still Important for Investors to Watch Says Jim Cramer

Earlier this week, Jim Cramer said that Union Pacific is the earnings report to watch.

Why was Union Pacific the earnings report to watch?

Jim Cramer broke down why he thinks that Union Pacific is so important for investors. 

When asked on Monday, Oct. 22, whether Cramer had a specific earnings report for investors to watch, he didn't even pause before answering, "Union Pacific."

TheStreet's Anders Keitz covered Union Pacific's (UNP) - Get Union Pacific Corporation Report earnings, which were released early Thursday, Oct. 25. 

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She wrote, "The Omaha, Neb.-based railroad company reported earnings of $2.15 a share, beating analysts' estimates of $2.10 a share. Revenue rose 9.6% to $5.93 billion, which also surpassed forecasts calling for $5.91 billion."

Cramer gave his take on the earnings, saying that he believes it's an important stock to watch for any investor tackling this volatile market. 

Union Pacific is up over 22% in the last year.

To see what else Jim Cramer has to say about the market, you can watch the full video from his Facebook Live show here. 

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