Norfolk Southern(NSC)2025-04-23 12:06Financial Performance - Total railway operating revenues for Q1 2025 were $2,993 million, a slight decrease of 0.4% from $3,004 million in Q1 2024[2] - Net income for Q1 2025 increased significantly to $750 million, compared to $53 million in Q1 2024, representing a growth of 1,320%[2] - Earnings per share (diluted) rose to $3.31 in Q1 2025, compared to $0.23 in Q1 2024, marking a substantial increase of 1,341%[2] - Total railway operating expenses decreased to $1,847 million in Q1 2025 from $2,791 million in Q1 2024, a reduction of 33.8%[2] - Cash flows from operating activities for Q1 2025 were $950 million, up from $839 million in Q1 2024, indicating a growth of 13.2%[6] Shareholder Actions - The company repurchased and retired 1.0 million shares of common stock at a cost of $250 million in Q1 2025, while no shares were repurchased in Q1 2024[10] Insurance and Incident Recovery - The Eastern Ohio incident resulted in a net insurance recovery of $185 million in Q1 2025, compared to expenses of $592 million in Q1 2024[8] Asset Management - Current assets decreased to $2,701 million as of March 31, 2025, from $3,188 million at the end of 2024, a decline of 15.3%[4] - Total assets increased slightly to $43,800 million as of March 31, 2025, compared to $43,682 million at the end of 2024, an increase of 0.3%[4] - Long-term debt remained stable at $16,660 million as of March 31, 2025, compared to $16,651 million at the end of 2024[4]