Norfolk Southern Q2 2022 Earnings Report

Norfolk Southern reported solid financial performance in Q2 2022 with record railway operating revenues, income from railway operations, and diluted earnings per share.

Key Takeaways

Norfolk Southern announced second quarter 2022 financial results, which included quarterly records for railway operating revenues, income from railway operations, and diluted earnings per share. The company reported railway operating revenue of $3.3 billion, income from railway operations of $1.3 billion, net income of $819 million, and diluted earnings per share of $3.45.

Norfolk Southern delivered solid financial performance in the second quarter.

The company made considerable progress on staffing during the quarter.

Norfolk Southern launched its TOP|SPG operating model.

Visible upticks in qualified employees and train speeds were observed as a result of these initiatives.