Norfolk Southern (NSC) Tops Q2 EPS by 6c

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Go back to Norfolk Southern (NSC) Tops Q2 EPS by 6c

Norfolk Southern reports second-quarter 2017 results

July 26, 2017 8:00 AM EDT

NORFOLK, Va., July 26, 2017 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today reported second-quarter financial results.

Second-quarter net income was $497 million, up 23 percent year-over-year, driven by a 15 percent increase in income from railway operations, and a record operating ratio. Diluted earnings per share were $1.71, up 26 percent year-over-year.

"Norfolk Southern's strong financial results and all-time record operating ratio reflect the power of our team, successful execution of our dynamic plan, and focus on operating even more efficiently while providing high quality service to customers," said James A. Squires, Norfolk... More