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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%
Norfolk Southern expects modest revenue growth and improved operating ratio for full-year 2025, despite macroeconomic uncertainty.