Your current location:HOME >health >Norfolk Southern's earnings offer railroad chance to defend its strategy ahead of control vote 正文
TIME:2024-05-08 04:37:53 Source: Internet compilationEdit:health
Norfolk Southern’s first-quarter earnings report Wednesday gave the railroad the opportunity to publ
Norfolk Southern’s first-quarter earnings report Wednesday gave the railroad the opportunity to publicly defend CEO Alan Shaw’s strategy again before investors decide on May 9 whether to back him. Since the railroad already preannounced its disappointing results earlier this month when it disclosed a $600 million settlement over the disastrous February 2023 Ohio derailment there were few surprises in Wednesday’s numbers.
Norfolk Southern confirmed the $53 million, or 23 cents per share, that it earned in the first quarter. Without the settlement and some other one-time costs, the railroad said it would have made $2.39 per share while Wall Street was predicting earnings of $2.60 per share. The Atlanta-based railroad’s profit dropped from $466 million, or $2.04 per share, a year ago even though the railroad delivered 4% more shipments during the quarter.
Zendaya's Met Gala style: Her biggest and boldest fashion statements so far2024-05-08 04:36
Nadal's Barcelona return ended by De Minaur2024-05-08 04:18
Luis Enrique is rebuilding his reputation quickly after finally getting PSG to play like a team2024-05-08 03:08
Hong Kong Disneyland to launch world's first 'Frozen'2024-05-08 03:03
Planters nuts recalled across America over potentially fatal contamination2024-05-08 02:47
Village enjoys rising tourist numbers2024-05-08 02:27
Shanghai Half Marathon gets ready to gun off2024-05-08 02:13
Magnificent view of Three Gorges on Yangtze River2024-05-08 02:05
One natural gas transport plan killed in New Jersey as another forges ahead2024-05-08 01:54
Number of foreign visits increases over threefold2024-05-08 01:52
Emily Ratajkowski takes a fashion risk in a ripped midriff2024-05-08 04:00
Xinjiang have big 4th quarter, beat Shenzhen 1022024-05-08 03:39
Wu Lei brace sees China cruise past Singapore2024-05-08 03:35
China Shenzhou2024-05-08 03:33
Macron sets Ukraine war as top priority as China's Xi Jinping arrives in France2024-05-08 03:26
Chinese mainland, HK resume normal travel after three years2024-05-08 03:17
Quanjude opens new store in Beijing's Wangfujing2024-05-08 02:54
Xuzhou Museum (I)2024-05-08 02:51
Cyberstuck! Tesla's 'apocalypse2024-05-08 02:26
Celebrity birthdays for the week of May 52024-05-08 01:55