Norfolk Southern Company’s (NSC) fourth-quarter 2024 earnings of $3.04 per share (excluding 19 cents from non-recurring objects) beat the Zacks Consensus Estimate of $2.95 and elevated 7.4% yr over yr, owing to decrease prices.
Discover the most recent EPS estimates and surprises on Zacks Earnings Calendar.
Railway working revenues have been $3.02 billion within the quarter below evaluate, lagging the Zacks Consensus Estimate of $3.03 billion. The highest line decreased 2% yr over yr because of weak spot throughout all segments.
General volumes elevated 3% yr over yr. Whole income per unit dipped 4% yr over yr. Revenue from railway operations rose 40% yr over yr to $1.13 billion.
Railway working bills declined 16% on a year-over-year foundation to $1.89 billion, primarily because of a double-digit lower in gasoline bills.
Norfolk Southern Company Value, Consensus and EPS Shock
Norfolk Southern Corporation price-consensus-eps-surprise-chart | Norfolk Southern Company Quote
NSC’s president and chief government officer, Mark George, acknowledged, “We closed 2024 with one other quarter of strong efficiency, constructing on the success of Q3. Our community is working quick; our terminals are extra environment friendly; and repair metrics are regular. Our clients are noticing and rewarding us with extra enterprise.”
This autumn Segmental Efficiency of NSC
Merchandise revenues fell 0.4% yr over yr to $1.84 billion. Precise segmental revenues have been decrease than our estimate of $1.85 billion. Income per unit decreased 1% yr over yr.
Revenues from Intermodal fell 0.3% yr over yr to $792 million. Precise segmental revenues have been greater than our projection of $775.6 million. Whereas segmental volumes elevated 5%, income per unit tumbled 5% yr over yr.
Coal revenues have been $390 million, down 9% yr over yr. Precise segmental revenues lagged our projection of $416.4 million. Coal volumes fell 1% yr over yr. Income per unit declined 9% within the reported quarter.
Liquidity & Buyback
Norfolk Southern exited the fourth quarter with money and money equivalents of $1.64 billion in contrast with $975 million on the finish of the prior quarter. NSC had a long-term debt of $16.6 billion on the fourth-quarter finish, virtually flat yr over yr.
The corporate didn’t repurchase any shares below its inventory repurchase program in 2024.
2025 Steerage
For 2025, NSC expects income progress of three%. Capital expenditure is anticipated to be round $2.20 billion in 2025. NSC plans to provoke share repurchases starting within the first quarter of 2025.
NSC’s Zacks Rank and Value Efficiency
At the moment, NSC carries a Zacks Rank #3 (Maintain). You’ll be able to see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Over the previous yr, shares of NSC have gained 11% in opposition to the industry’s decline of three.2%.
One Yr Value Comparability
Picture Supply: Zacks Funding Analysis
This autumn Performances of Different Transportation Firms
Delta Air Traces DAL reported fourth-quarter 2024 earnings (excluding 56 cents from non-recurring objects) of $1.85 per share, which surpassed the Zacks Consensus Estimate of $1.76. Earnings elevated 44.5% on a year-over-year foundation because of low gasoline prices.
DAL’srevenues of $15.56 billion surpassed the Zacks Consensus Estimate of $14.99 billion and elevated 9.4% on a year-over-year foundation, pushed by sturdy vacation journey demand. Adjusted working revenues (excluding third-party refinery gross sales) totaled $14.44 billion, up 5.7% yr over yr. Passenger revenues, which accounted for 82.4% of complete revenues, elevated 5% yr over yr at $12.82 billion.
J.B. Hunt Transport Companies (JBHT) reported fourth-quarter 2024 earnings per share of $1.53, which fell in need of the Zacks Consensus Estimate of $1.62. Nevertheless, the underside line elevated 4.1% on a year-over-year foundation.
JBHT’s complete working revenues of $3.15 billion narrowly beat the Zacks Consensus Estimate of $3.13 billion however declined 4.8% yr over yr. The decline was primarily because of decrease gasoline surcharge revenues and yield strain in its Intermodal phase.
JBHT’s fourth-quarter 2024 working revenues of $2.78 billion, excluding gasoline surcharge income, decreased 2% from the year-ago reported quarter. Whole working revenue for the reported quarter elevated 2% yr over yr to $207 million.
Alaska Air Group, Inc. (ALK) reported strong fourth-quarter 2024results, whereby each earnings and revenues surpassed the Zacks Consensus Estimate. Quarterly earnings per share of 97 cents outpaced the Zacks Consensus Estimate of 47 cents and improved greater than 100% on a year-over-year foundation. The reported determine exceeded the guided vary of 40-50 cents.
ALK’s backside line benefitted from strong income progress, price and operational efficiency all through the quarter and vacation journey durations. ALK additionally benefitted from a renegotiation of sure curiosity funds and favorability in its fourth-quarter tax price.
ALK’s working revenues of $3.53 billion beat the Zacks Consensus Estimate of $3.51 billion. The highest line jumped 38.4% yr over yr, with passenger revenues accounting for 89.9% of the highest line and rising 37% owing to continued restoration in air-travel demand.
7 Greatest Shares for the Subsequent 30 Days
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Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report
Norfolk Southern Corporation (NSC) : Free Stock Analysis Report
J.B. Hunt Transport Services, Inc. (JBHT) : Free Stock Analysis Report
Alaska Air Group, Inc. (ALK) : Free Stock Analysis Report
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