From Yahoo Finance: 2025-04-23 12:06:00

Despite flat revenue and harsh winter weather, Norfolk Southern saw higher profits in the first quarter. The operating income increased by 6% to $961 million, while the operating ratio improved to 67.9%. Adjusted earnings per share rose by 8% to $2.69. The railroad remains confident in its forecast of 3% revenue growth for the year.

NS’s domestic business accounts for 75% of its traffic, making it less vulnerable to tariffs. Market share gains continue as the railroad recovers from past challenges. Operating expenses decreased by 3% due to labor productivity improvements and winter storm repair costs in West Virginia.

Despite storm damage, NS improved operations in the first quarter compared to a year ago. Safety metrics also improved, with the personal injury rate at its best level in over a decade. Overall traffic increased by 1%, with intermodal volume up 3% and coal down 1%.

The industrial development pipeline for Norfolk Southern is at a record high, with 517 projects in progress. The railroad expects to gain 150,000 new carloads from upcoming projects. Interest in expanding domestic production and new manufacturing facilities in the US is growing, particularly in sectors like steel manufacturing and food production.



Read more at Yahoo Finance: Cost savings boost Norfolk Southern profits despite impact of winter storms