Categories Earnings, Industrials
Earnings Summary: Highlights of Norfolk Southern Corp’s (NSC) Q4 2023 report
Railroad company Norfolk Southern Corporation (NYSE: NSC) on Friday announced fourth-quarter financial results, reporting a decline in operating revenues.
- Total railway operating revenues decreased 5% annually to $3.1 billion in Q4 from $3.24 billion last year
- Income from railway operations was $808 million, a 32% decline from the $1.2 billion recorded in the fourth quarter of 2022.
- Adjusting for the Eastern Ohio Incident, income from railway operations was $958 million, down19% YoY
- On a per-share basis, fourth-quarter earnings decreased to $2.32 from $3.42 last year
- At $527 million, Q4 net income was down 33% year-over-year; adjusted earnings per share declined 17% to $2.83
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was
