Norfolk Southern’s earnings rise with volume gains
Norfolk Southern posted Q2 earnings that saw operating income rise 5% on revenue that was 11% higher. The post Norfolk Southern’s earnings rise with volume gains appeared first on FreightWaves.
Quick take
Read original at Yahoo Finance Norfolk Southern reported a 5% increase in operating income to $1.19 billion and an 11% rise in revenue to $3.46 billion, driven by 4% volume growth across all business segments. Chief Executive Mark George cited strength in energy markets and domestic intermodal as key factors. Earnings per share increased 7% to $3.52.
Summarised by netranta from Yahoo Finance. Open the original for the full story.
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