The railroad operator’s earnings rose above expectations in the fourth quarter, as the company continued to recover financially from a costly 2023 derailment in Ohio.
· 23h
NSC Earnings: Norfolk Southern Railroad on Track for 2025 After Strong Q4 Earnings
Tariffs are an uncertainty but not a worry, railroad operator Norfolk Southern says
Norfolk Southern shares bounced Wednesday, as the railroad operator helped dispel fears about potential tariffs that had caused a selloff in the previous session.
· 20h · on MSN
Norfolk Southern Earnings Jump on Lower Operating Expenses
Operational and other improvements helped Norfolk Southern meet or exceed financial targets it set amid last year’s nasty proxy battle with activist investor Ancora Holdings.
Norfolk Southern's solid fourth quarter — combined with the optimism the railroad is hearing from their customers and support they’re getting from Washington D
ATLANTA — Norfolk Southern customers advanced projects representing $4.3 billion in industrial development along its lines or those of a shortline partner in 2024, the railroad said today (Jan. 22). The investments involved 149 projects,
Productivity initiatives drive results with additional opportunity in 2025
Norfolk Southern’s solid fourth quarter — combined with the support they’re getting from Washington D.C. — has the CEO feeling optimistic about 2025.
Norfolk Southern CEO Mark George said the company is turning the corner into 2025 with “strong” financial results that make him optimistic about the future.
Norfolk Southern Corp. will pay $22 million to East Palestine, Ohio, to settle claims related to a train derailment there in early 2023.
In the fourth quarter, the railroad reported an adjusted operating income increase of 11% to $1.06 billion, even as revenues saw a slight decline of 2% to $3.02 billion. The rail earned $3.04 per share, beating the Wall Street consensus by a dime.These figures underscore the company’s effective cost management and operational efficiencies.
Norfolk Southern Corporation (NYSE: NSC) has appointed Lori J. Ryerkerk, former chairman, chief executive officer, and president of Celanese Corp., to the Board of Directors (the "Board"). Ryerkerk brings more than three decades of global leadership experience in the energy,
ATLANTA, Jan. 28, 2025 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC ) announced today a quarterly dividend of $1.35 per share on its common stock. The dividend is payable Feb. 20, 2025, to shareholders of record on Feb. 7, 2025.
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