TOTAL VOLUME:
$154.4b
24H VOL:
$230,589,906
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,885,293,300
410,482
Markets across
40,213
events
MATCHED EVENTS:
4,340
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 22, 9:49 AM EST
Polymarket
This market will resolve according to Union Pacific's adjusted operating ratio for the upcoming third fiscal quarter, as reported in its official company earnings materials. The specified metric will be considered as reported in the company's official earnings materials. Subsequent revisions will not be considered. If the specified company's official earnings materials for the specified quarter are released, and the specified metric is not included, this market will resolve to the lowest bracket. If the specified company does not release quarterly earnings materials for the specified quarter by November 30, 2026, 11:59 PM ET, this market will resolve to the lowest bracket. If the reported value falls exactly between two brackets, this market will resolve to the higher range bracket. If the specified metric is reported as a range rather than a specific number, the midpoint of the range will be used for resolution of this market. The resolution source for this market is the specified company's official earnings materials, including press releases, investor presentations, and regulatory filings. If the specified metric is not reported in these materials, recordings or transcripts of the company's earnings webcast may also be used. Note: This market will resolve based on the most numerically precise version of the specified metric reported in the company's official earnings materials. Only the specified metric will be considered; alternate versions that differ in definition or scope from the specified metric will not be considered.
This market will resolve according to Union Pacific's adjusted operating ratio for the upcoming third fiscal quarter, as reported in its official company earnings materials. The specified metric will be considered as reported in the company's official earnings materials. Subsequent revisions will not be considered. If the specified company's official earnings materials for the specified quarter are released, and the specified metric is not included, this market will resolve to the lowest bracket. If the specified company does not release quarterly earnings materials for the specified quarter by November 30, 2026, 11:59 PM ET, this market will resolve to the lowest bracket. If the reported value falls exactly between two brackets, this market will resolve to the higher range bracket. If the specified metric is reported as a range rather than a specific number, the midpoint of the range will be used for resolution of this market. The resolution source for this market is the specified company's official earnings materials, including press releases, investor presentations, and regulatory filings. If the specified metric is not reported in these materials, recordings or transcripts of the company's earnings webcast may also be used. Note: This market will resolve based on the most numerically precise version of the specified metric reported in the company's official earnings materials. Only the specified metric will be considered; alternate versions that differ in definition or scope from the specified metric will not be considered.
Currently, prediction market odds reflect a different perspective than many traditional analyst forecasts for Union Pacific's Q3 operating ratio. While analysts generally expect a ratio between 58% and 62%, this market suggests a wider range of potential outcomes. The market incorporates information from a diverse group of traders, potentially capturing insights not fully reflected in standard financial models. It’s important to remember that prediction markets represent a collective forecast, and can sometimes diverge from expert opinions, offering a unique signal about the likely result.
On Polymarket, this market is priced through a continuous auction mechanism, where traders buy and sell shares representing their belief about the final operating ratio. The price of each share directly corresponds to the probability of that specific outcome being correct. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market price reflects the aggregated sentiment of all participants, creating a dynamic and efficient forecast. As new information becomes available, the price adjusts to reflect the changing probabilities, offering a real-time assessment of expectations for Union Pacific’s Q3 performance.
This market resolves around Oct 22, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the final adjusted operating ratio for Union Pacific in its Q3 earnings report will determine the result. The market will settle to 100% in favor of the outcome that most closely matches the reported figure. Traders should monitor official Union Pacific financial releases for the definitive data used to settle this market and ensure they understand the timing of the Q3 earnings announcement.
Several factors could influence the price of this market before resolution. Any news regarding Union Pacific’s freight volumes, fuel prices, labor negotiations, or broader economic indicators could shift trader sentiment. Unexpected disruptions to the railway network, such as weather events or significant logistical challenges, would also likely have an impact. Furthermore, any revisions to analyst estimates for Union Pacific’s Q3 earnings could trigger price movements in this market, as traders adjust their expectations based on new information and forecasts.