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Dec 31, 2024
Norfolk Southern Q4 2024 Earnings Report
Norfolk Southern reported solid performance driven by productivity initiatives.
Key Takeaways
Norfolk Southern Corporation reported Q4 2024 financial results with a revenue of $3.0 billion and diluted earnings per share of $3.23. The company's operating ratio was 62.6%. The results reflect progress in safety, productivity, and operational excellence.
Railway operating revenues were $3.0 billion, a decrease of 2% compared to Q4 2023.
Excluding the impact of lower fuel surcharge revenue, railway operating revenues increased by 2% on volume growth of 3% compared to Q4 2023.
Diluted earnings per share increased by 39% compared to Q4 2023.
Operating ratio improved to 62.6% compared to 73.7% in Q4 2023.