Norfolk Southern (NYSE: NSC) reported Q2 EPS of $3.29, $0.01 worse than the analyst estimate of $3.30. Revenue for the quarter came in at $3.11 billion versus the consensus estimate of $3.13 billion.

2025 Outlook and Guidance

Continue to expect revenue growth in 2025, but given dynamic economic environment, updating full year revenue growth expectation to 2-3% vs. 2024

Adjusted operating ratio improvement for 2025 now expected to be 100-150 bps better than 2024; however, third quarter 2025 is expected to be pressured due to a weaker than expected revenue environment early in the quarter

Raising expected productivity savings in 2025 to $175+ million as cost-control and targeted initiatives are yielding strong results

For earnings history and earnings-related data on Norfolk Southern (NSC) click here.