January 26, 2023 | CSX, Headlines, Quarterly Income
(Source: Trains Magazine, January 25, 2023) CSX Transportation reported strong fourth-quarter earnings on Wednesday and, despite signs of an economic slowdown, said it expected to gain volume this year thanks to ongoing service improvements. Full story: Trains...
January 26, 2023 | CSX, Headlines, Quarterly Income
(Source: CSX press release, January 25, 2023) JACKSONVILLE, Fla. — CSX Corp. today announced fourth quarter 2022 operating income of $1.46 billion compared to $1.37 billion in fourth quarter 2021. Net earnings of $1.02 billion, or $0.49 per share, compared to $934...
January 25, 2023 | Headlines, PSR, Quarterly Income, UP
(Source: CNN, January 24, 2023) For the year, the company’s employee pay and benefits rose by about $500 million, or 12%, to $4.6 billion, far less than the $6.3 billion that Union Pacific spent repurchasing shares of stock. “Instead of buying back their own stock, UP...
January 25, 2023 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, January 25, 2023) ATLANTA — Norfolk Southern Corporation today announced fourth quarter and full-year 2022 financial results. The company marked fourth quarter and annual records for railway operating revenue and income from...
January 25, 2023 | CN, Headlines, Quarterly Income
(Source: CN press release, January 24, 2023) MONTREAL — CN today reported its financial and operating results for the fourth quarter and year ended December 31, 2022. Diluted earnings per share (EPS) of C$2.10 grew by 23% on an adjusted basis in the fourth quarter,...
January 25, 2023 | Headlines, NS, Quarterly Income
(Source: Associated Press, January 25, 2023) Norfolk Southern railroad delivered 4% more fourth-quarter profit even though the number of shipments it hauled dipped slightly because it collected more surcharges for higher fuel prices and raised the rates it charges....
January 25, 2023 | Headlines, Quarterly Income, UP
(Source: Associated Press, January 24, 2023) Union Pacific’s fourth-quarter profit slipped 4% as severe winter weather snarled shipments in late December and the railroad continued to struggle to improve its operations enough to handle all the cargo businesses want to...
January 18, 2023 | Headlines, PSR, Quarterly Income
(Source: Dow Jones, January 17, 2023) Railroad earnings season kicks off this month with rail companies likely to cite the impact of the extreme cold that hit much of the U.S. at the end of 2022. Full story: www.morningstar.com
January 5, 2023 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, January 4, 2023) ATLANTA, Ga. — Norfolk Southern Corporation will announce its fourth quarter financial results during a live conference call and internet webcast at 8:45 a.m. ET on Wednesday, January 25, 2023. Quarterly...
December 16, 2022 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, December 13, 2022) OMAHA, Neb. — Union Pacific Corporation will release fourth quarter 2022 financial and operating results on Tuesday, January 24, 2023, at 7:45 a.m. ET. The company’s management team will host a conference call...
