Alabama: 8 Florida: 1 Georgia: 19 Illinois: 7 Indiana: 5 Kentucky: 3 Louisiana: 1 Michigan: 2 Virginia: 9 Company's Thoroughbred Scholars Program has awarded over $1.4M since 2022 ATLANTA, July 29, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced the return of its Thoroughbred Scholars program, providing college scholarships to more than 100 children of Norfolk Southern employees. The program awards 100 scholarships for up to $10,000 over four years, along with three additional schola ...

Notably, the second quarter witnessed the impact of the Eastern Ohio incident, which included insurance recoveries that were greater than the costs incurred in the quarter. Liquidity & Buyback NSC did not repurchase any shares under its stock repurchase program in the second quarter of 2024. JBHT's total operating revenues of $2.93 billionmissed the Zacks Consensus Estimate of $3.03 billion and fell 7% year over year. Total operating revenues, excluding fuel surcharge revenue, fell 6% year over year.The dow ...

| --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------|---------|-----------|-----------|-----------|-----------|-------------|---------| | | | | | | | | | | the restriction period in an amount equal to the | regular | quarterly | dividends | paid on | Common | Stock. | | | | | Second | Quarter | | | First Six | Months | | | | 2024 | | 2023 | 2024 | | 2023 | | | | | | ($ in | millions) | | | | | | | | | | | | | RSUs vested | | 12,494 | | 3,908 | ...

View all Key Company Metrics for Norfolk Southern here>>> Shares of Norfolk Southern have returned +4.2% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. The reported revenue compares to the Zacks Consensus Estimate of $3.02 billion, representing a surprise of +0.72%. The company delivered an EPS surprise of +7.37%, with the consensus EPS estimate being $2.85. Whil ...

Norfolk Southern (NSC) came out with quarterly earnings of $3.06 per share, beating the Zacks Consensus Estimate of $2.85 per share. This compares to earnings of $2.95 per share a year ago. These figures are adjusted for non-recurring items. Norfolk Southern, which belongs to the Zacks Transportation - Rail industry, posted revenues of $3.04 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.72%. This compares to year-ago revenues of $2.98 billion. The company has topped c ...

• Total T&E expense per GTM improved 8% • Restructured Merchandise operating plan • Crew starts reduced by 110/day • ~250k annual handlings removed • Overtime reduced ~20% • ~7,000 cars moved offline, byproduct of car velocity gains • Improve fuel efficiency through operating and distribution enhancements A BETTER WAY 7 VELOCITY DRIVING MERCHANDISE GAINS • Car velocity +16% Capturing growth and providing enhanced service on a more efficient train plan 36 out of 37 consecutive quarters of y-o-y RPU (less fue ...

| --- | --- | --- | --- | |---------------------------------|---------------------------------|-----------|-----------------------| | | June 30, \n2024 \n($ in | millions) | December 31, \n2023 | | Assets | | | | | Current assets: | | | | | Cash and cash equivalents | $ 659 | $ | 1,568 | | Accounts receivable – net | 1,189 | | 1,147 | | Materials and supplies | 308 | | 264 | | Other current assets | 148 | | 292 | | Total current assets | 2,304 | | 3,271 | | --- | --- | --- | --- | --- | |------------------- ...

The dividend is payable August 20, 2024, to shareholders of record on August 2, 2024. About Norfolk Southern SOURCE Norfolk Southern Corporation ATLANTA, July 23, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Tuesday a quarterly dividend of $1.35 per share on its common stock. The company has paid a dividend on its common stock for 168 consecutive quarters since its formation in 1982. Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely mov ...

Norfolk Southern Corporation (NSC) is scheduled to report second-quarter 2024 results on Jul 25 after market close. Let's see how things have shaped up for NSC this earnings season. The Zacks Consensus Estimate for revenues is pegged at $3.05 billion, which indicates a 2.43% rise from the year-ago reported level. The top line is likely to have been affected by the performances of all three key segments — Merchandise, Intermodal and Coal. The recent negotiations with various labor groups are likely to have p ...

Norfolk Southern (NSC) is bolstered by its shareholder-friendly approach. The company's efforts to reduce greenhouse gas emissions are praiseworthy. However, Norfolk Southern is grappling with a surge in operating expenses. NSC's "Forging a Better Tomorrow" initiative, outlined in its inaugural Climate Transition Plan, aims for a 42% reduction in greenhouse gas emission intensity by 2034. Key performance indicators include improving locomotive fuel efficiency by 13% by 2027, increasing renewable energy usag ...