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Jun 30, 2021
Norfolk Southern Q2 2021 Earnings Report
Norfolk Southern achieved record low operating ratio and reported record second-quarter net income and diluted earnings per share.
Key Takeaways
Norfolk Southern reported strong second-quarter 2021 financial results, including record net income and diluted earnings per share. The company achieved an all-time quarterly record for operating ratio and income from railway operations. Revenue and volume increased significantly compared to the previous year.
Second-quarter net income reached $819 million.
Diluted earnings per share were $3.28.
The operating ratio improved to 58.3%.
Revenue increased by 34% and volume increased by 25% compared to the previous year.
Norfolk Southern
Norfolk Southern
Forward Guidance
The company will build upon its success in the creation of long-term, sustainable value for its customers and shareholders.