Norfolk Southern Corp
NSC
ISIN US6558441084 / Valor 957370
Norfolk Southern Corp
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About company
Norfolk Southern Corp is a major transportation company that operates one of the largest railroads in North America, providing freight transportation services across the eastern United States.
Summarized from source with an LLMView SourceSector: Consumer ServicesLatest Results (17.12.2024):
Revenue Growth
Norfolk Southern Corp reported railway operating revenues of $3.1 billion for the third quarter of 2024. This marks an increase of $80 million, or 3%, compared to the same quarter in 2023, showcasing a steady growth in revenue.
Income from Operations
For the third quarter of 2024, Norfolk Southern Corp's income from railway operations was $1.6 billion. This represents a significant increase of $840 million, or 111%, compared to the third quarter of 2023. When adjusted for certain impacts, the income was $1.1 billion, up 22% from the adjusted results of the previous year.
Operating Ratio Improvement
Norfolk Southern Corp achieved an operating ratio of 47.7% in the third quarter of 2024, a substantial improvement from 74.6% in the same quarter of 2023. On an adjusted basis, the operating ratio was 63.4%, reflecting a 570 basis point improvement from the adjusted third quarter of 2023.
Earnings Per Share
The diluted earnings per share for Norfolk Southern Corp in the third quarter of 2024 were $4.85, marking an increase of 131% compared to the third quarter of 2023. Adjusted diluted earnings per share were $3.25, which is a 23% increase from the adjusted results of the previous year.
Cash Proceeds from Sales
During the third quarter of 2024, Norfolk Southern Corp closed two railway line sales, resulting in cash proceeds of nearly $400 million and gains of $380 million. This strategic move contributed to the company's financial performance for the quarter.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
53660 M
Market cap (USD)
170,358
Daily traded volume (Shares)
237.92 / 234.91
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
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