Norfolk Southern reports fourth quarter and full year 2024 results

Core Insights - Norfolk Southern Corporation reported solid financial performance for Q4 and full-year 2024, with a focus on productivity initiatives and operational efficiency [1][4][7] Financial Performance Summary - Q4 2024 revenue was $3.0 billion, with income from railway operations at$1.1 billion and an operating ratio of 62.6% [1][7] - Full-year 2024 revenue totaled $12.1 billion, with income from railway operations at$4.1 billion and an operating ratio of 66.4% [1][7] - Adjusted Q4 income from railway operations was $1.1 billion, reflecting a 40$4.1 billion, a 43% increase compared to 2023 [7] Adjusted Financial Metrics - Adjusted Q4 operating ratio was 64.9%, improving by 390 basis points from the adjusted Q4 2023 [7] - Adjusted diluted earnings per share for Q4 were $3.04, a 7$11.85, up 1% compared to adjusted 2023 [8][15] Operational Highlights - The company experienced a 3% volume growth in Q4 2024 compared to Q4 2023, despite a 2% decline in railway operating revenues [7] - Insurance recoveries related to the Eastern Ohio incident exceeded incremental costs for the third consecutive quarter [3] - The company emphasized its commitment to safety, productivity, and operational excellence, positioning itself for long-term value creation [4]