Norfolk southern reports q1 earnings per share of $1.47

Norfolk southern reports first-quarter 2020 results, non-cash asset rationalization charge related to psr implementation.q1 adjusted earnings per share $2.58 excluding items.q1 earnings per share $1.47.q1 earnings per share estimate $2.25 -- refinitiv ibes data.q1 revenue $2.6 billion versus refinitiv ibes estimate of $2.57 billion.q2 volumes continued to decline across all of norfolk southern's commodity segments, down 30% quarter-to-date.withdraw previously-issued outlook for flat full year revenue.norfolk southern - as result of current volume environment, withdraw core operating ratio guidance for 2020.qtrly railway operating revenue of $2.6 billion decreased 8% versus first-quarter 2019, driven by 11% decline in total volume.
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