Norfolk Southern Q1 2021 Earnings Report
Key Takeaways
Norfolk Southern reported strong first-quarter 2021 results, with net income of $673 million and diluted earnings per share of $2.66, a first-quarter record. The operating ratio improved to an all-time quarterly record of 61.5%.
Achieved a record operating ratio performance.
Grew revenues and earnings in the quarter.
Demonstrated ability to deliver strong performance despite supply chain disruptions.
Benefited from the reopening of the economy.
Norfolk Southern
Norfolk Southern
Forward Guidance
The reopening of the economy provides meaningful tailwinds for continued strength in both the consumer and manufacturing sectors, and our long history of delivering sustainable transportation solutions for customers will continue to drive long-term value for our shareholders, customers, and the communities we serve.