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Jun 30, 2020
Norfolk Southern Q2 2020 Earnings Report
Norfolk Southern reported second-quarter financial results.
Key Takeaways
Norfolk Southern reported a second-quarter net income of $392 million, with diluted earnings per share at $1.53 and an operating ratio of 70.7 percent.
Employees prioritized safety and customer service amidst redefined circumstances.
Commitment to shareholder value was underscored by ongoing transformation efforts.
Hump yard footprint was further reduced.
Fuel efficiency gains and increased train size were achieved.
Norfolk Southern
Norfolk Southern
Forward Guidance
The company is mobilized and driven to meet the challenges and opportunities that lie ahead, and will continue to create collaborative change and relentlessly pursue increased productivity as a leading supply chain partner throughout the economic recovery and beyond.