Financial Ports

Norfolk Southern smashes Q3 records

CLAVE 1 / 4Norfolk Southern’s Q3 revenue hit a record $3.52bn, up 14% year-on-year, driven by higher volumes and rates.

CLAVE 2 / 4Fuel surcharges contributed 8 percentage points of the 14% revenue growth, the highest share in the sector.

CLAVE 3 / 4Operating income rose 5% to $1.15bn, while earnings per share climbed 7% to $3.37.

CLAVE 4 / 4Volumes increased 3% across merchandise, intermodal, and coal, with domestic intermodal and chemicals leading demand.

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