Norfolk Southern (NSC) Tops Q4 EPS by 27c
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Norfolk Southern reports fourth-quarter and full-year 2019 results
January 29, 2020 8:00 AM ESTNORFOLK, Va., Jan. 29, 2020 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today reported fourth-quarter and full-year 2019 financial results.
Net income was $666 million and diluted earnings per share were $2.55 for the fourth quarter and $2,722 million and $10.25, respectively, for the full year. During the first year of a three-year strategic plan, Norfolk Southern produced a record operating ratio of 64.7% while managing the headwinds of a 5% decline in carload volumes.
"Norfolk Southern's strong financial performance in a year of macroeconomic headwinds is underpinned by the hard work of our team to expeditiously implement... More
