October 24, 2018 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 23, 2018) NORFOLK, Va. — Norfolk Southern Corporation today announced the regular quarterly dividend of 80 cents per share on its common stock, payable on Dec. 10 to shareholders of record on Nov. 2. Since its inception...
October 24, 2018 | CN, Headlines, Quarterly Income
(Source: Reuters, October 24, 2018) NEW YORK — Canadian National Railway Co reported a better-than-expected third-quarter profit on Tuesday as the railroad shipped higher volumes of crude and grains. Full story: Reuters
October 24, 2018 | CN, Headlines, Quarterly Income
(Source: CN press release, October 23, 2018) MONTREAL — CN today reported its financial and operating results for the third quarter ended Sept. 30, 2018. Financial results highlights Third-quarter 2018 compared to third-quarter 2017 • Net income increased by 18 per...
October 24, 2018 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 24, 2018) NORFOLK, Va. — Norfolk Southern Corporation today reported record third-quarter financial results. Net income was $702 million, up 39 percent year-over-year, a result of a 14 percent increase in income from...
October 22, 2018 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release (PDF), October 19, 2018) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record revenues of $699 million, an increase of 6% from third quarter 2017. Overall, carload volumes increased 4% compared to prior year. Third...
October 19, 2018 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, October 18, 2018) CALGARY, Alberta — Canadian Pacific Railway Limited today announced third-quarter revenues of $1.9 billion, its highest ever for any quarter, and reported diluted earnings per share (EPS) of $4.35, or...
October 18, 2018 | CSX, Headlines, Quarterly Income
(Source: Freight Waves, October 17, 2018) CHATTANOOGA, Tenn. — The Jacksonville, Fla.-based company reported net income of $894 million, nearly double last year’s net income of $459 million. Earnings per share of $1.05 beat the consensus sell-side estimate of $0.95...
October 17, 2018 | CSX, Headlines, Quarterly Income
(Source: Reuters, October 16, 2018) JACKSONVILLE, Fla. — CSX Corp. on Tuesday reported quarterly profit that topped Wall Street’s view and raised its full-year revenue forecast, as the No. 3 U.S. railroad operator benefited from ongoing cost-cutting and higher prices...
October 17, 2018 | CSX, Headlines, Quarterly Income
(Source: CSX press release, October 16, 2018) JACKSONVILLE, Fla. — CSX Corporation today announced third quarter 2018 net earnings of $894 million, or $1.05 per share, versus $459 million, or $0.51 per share in the same period last year (a 106 percent increase). CSX’s...
October 9, 2018 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific press release, October 4, 2018) CALGARY, Alberta — As part of its 2018 Investor Day, Canadian Pacific Railway Limited today reported preliminary third-quarter results, updated its 2018 guidance and unveiled the next phase of its long-term...