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Jun 30, 2024
Norfolk Southern Q2 2024 Earnings Report
Norfolk Southern's Q2 2024 financial performance was strong, demonstrating the effectiveness of their strategy.
Key Takeaways
Norfolk Southern reported strong second quarter results, with railway operations income of $1.1 billion and diluted earnings per share of $3.25. The company's operating ratio was 62.8%. Adjusted results, excluding certain charges, showed an operating ratio of 65.1% and diluted earnings per share of $3.06. The company reaffirms its full-year adjusted operating ratio guidance of approximately 66%.
Norfolk Southern delivered strong results in line with shareholder targets.
The company leveraged its service product to secure volume growth.
Enhanced safety culture and accelerated operational improvements were demonstrated.
The company reaffirmed its full-year adjusted operating ratio guidance of approximately 66%.
Forward Guidance
Norfolk Southern reaffirms its guidance of a full year adjusted operating ratio of approximately 66%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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