Norfolk southern reports preliminary first quarter 2024 results

Reaffirms full-year 2024 adjusted operating ratio guidance improvement, including 400+ basis points improvement in the second half provides progress update on actions to close margin gap with peers results include $600m agreement in principle related to east palestine derailment class action litigation atlanta , april 9, 2024 /prnewswire/ -- norfolk southern corporation (nyse: nsc) announced tuesday preliminary first quarter 2024 financial results. preliminary first quarter 2024 results gaap results adjusted results railway operating revenues $3,004 million $3,004 million railway operating expenses $2,791 million  $2,100 million  income from railway operations $213 million $904 million operating ratio 92.9 % 69.9 % diluted earnings per share $0.23 $2.49 "in the first quarter, we delivered an adjusted operating ratio in line with our guidance, which called for a seasonal increase of 100-200 basis points sequentially from the fourth quarter," said norfolk southern president and chief executive officer alan h.
NSC Ratings Summary
NSC Quant Ranking