October 16, 2020 | Headlines, KCS, Quarterly Income
(Source: Freight Waves, October 16, 2020) CHATTANOOG, Tenn. — Kansas City Southern’s third-quarter net profit rose 5.3% as a 16.7% decrease in operating expenses helped to offset a 12% decline in revenue. Net income in the third quarter of 2020 was $189.7 million, or...
October 1, 2020 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, September 30, 2020) NORFOLK, Va. — Norfolk Southern Corporation will announce its third-quarter financial results during a conference call and live internet webcast at 8:45 a.m. EDT on Wednesday, Oct. 28, 2020. Quarterly...
September 28, 2020 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, September 24, 2020) OMAHA, Neb. — Union Pacific Corporation will release third quarter 2020 financial and operating results on Thursday, October 22, 2020, at 8:00 a.m. ET. The company’s management team will host a conference call...
September 21, 2020 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, September 18, 2020) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its third quarter 2020 financial results on Friday, October 16, 2020, before the opening of trading on the New York Stock Exchange. KCS will...
August 11, 2020 | BNSF, Headlines, Quarterly Income
(Source: Freight Waves, August 10, 2020) CHATTANOOGA, Tenn. — Like its other Class I counterparts, the COVID-19 pandemic hit BNSF’s bottom line in the second quarter, with revenue falling 22% amid an 18% drop in rail volumes. BNSF’s second-quarter net earnings were...
August 10, 2020 | BNSF, Headlines, Quarterly Income
(Source: Associated Press, August 8, 2020) OMAHA, Neb. — Warren Buffett’s company reported an 87% jump in its second-quarter profit as the paper value of its investment portfolio increased with the stock market, but it took a roughly $10 billion write down on the...
July 29, 2020 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, July 28, 2020) NORFOLK, Va. — Norfolk Southern Corporation today announced a regular quarterly dividend of 94 cents per share on its common stock. The dividend is payable September 10 to shareholders of record on August 7....
July 29, 2020 | Headlines, NS, Quarterly Income
(Source: Freight Waves, July 29, 2020) CHATTANOOGA, Tenn. — Norfolk Southern’s net profits for the second quarter slipped 46% to $392 million, or $1.53 in diluted earnings per share, compared with $722 million, or $2.70 in diluted earnings per share, in the second...
July 29, 2020 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, July 29, 2020) NORFOLK, Va. — Norfolk Southern Corporation today reported second-quarter financial results. Second-quarter net income was $392 million, diluted earnings per share were $1.53 and the operating ratio was 70.7...
July 23, 2020 | CP, Headlines, Quarterly Income
(Source: Freight Waves, July 22, 2020) CHATTANOOGA, Tenn. — Canadian Pacific’s second-quarter net profit slipped 12% amid a 9% decrease in revenue. Net income totaled C$635 million (US$473 million), or C$4.66 in diluted earnings per share, in the second quarter of...
