Leading North American railroad operator Union Pacific (NYSE: UNP) releases first-quarter 2019 earnings on Thursday before the markets open for trading. Management's outlook While Union Pacific doesn't offer specific quarterly earnings guidance, the company shared broad 2019 financial goals at the J.P. Morgan Aviation, Transportation, and Industrials Conference in March. These goals include volume growth in the low single digits against the prior year and pricing increases aimed at keeping ahead of cost inflation.