Loading...
•
Jun 30, 2025
Norfolk Southern Q2 2025 Earnings Report
Norfolk Southern reported higher revenue, operating income, and EPS in the second quarter of 2025.
Key Takeaways
Norfolk Southern delivered solid Q2 2025 results with increases in revenue, operating income, and EPS. The company benefited from volume growth and cost management, achieving higher profitability even after adjusting for one-time events.
Revenue reached $3.11 billion, up from $3.04 billion last year
Adjusted EPS rose 8% to $3.29 from $3.06 in Q2 2024
Operating income increased to $1.175 billion, adjusted to $1.138 billion
The operating ratio improved to 62.2%, adjusted to 63.4%
Forward Guidance
Norfolk Southern expects modest revenue growth and improved operating ratio for full-year 2025, despite macroeconomic uncertainty.
Positive Outlook
- Full-year revenue expected to grow 2%-3%
- Adjusted operating ratio improvement of 100–150 bps forecasted
- Productivity savings target raised to $175+ million
- Cost-control measures showing strong results
- Positive trends in volume and network efficiency
Challenges Ahead
- Q3 2025 expected to be pressured by weak revenue environment
- Macroeconomic uncertainty remains high
- Fuel surcharge revenue declined YoY
- Headwinds from restructuring and Eastern Ohio incident
- No earnings call held due to pending merger with Union Pacific
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...