nemo17
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Il futuro dei trasporti sono ancora loro.. i treni!
Che titolo ragazzi... son 2 anni che lo seguo ma non sono mai entrato.
October 25, 2006
Norfolk Southern Net Income Increases 38 Percent
For third-quarter 2006:
* Net income climbed 38 percent to $416 million, $1.02 per diluted
share.
* Railway operating revenues increased 11 percent to a record $2.4
billion.
* Income from railway operations improved 35 percent to a record
$715 million.
* The railway operating ratio improved 5.4 percentage points to
70.1 percent.
NORFOLK, VA. – Norfolk Southern Corporation (NYSE: NSC) reported record
third-quarter net income of $416 million, or $1.02 per diluted share, a
38 percent increase compared with $301 million, or $0.73 per diluted
share, for the same period of 2005. Third-quarter income from railway
operations increased 35 percent to a record $715 million.
”We have consistently driven financial and operational performance to
higher levels throughout each quarter this year,” said Wick Moorman,
Norfolk Southern’s CEO. “In the third quarter our performance enabled
us to produce excellent results and set records for railway operating
revenues, income from railway operations and net income, while also
significantly improving our operating ratio.”
For the first nine months, net income set a record at $1.1 billion, or
$2.62 per diluted share, an increase of 19 percent compared with $919
million, or $2.24 per diluted share, for the same period of 2005. Nine-
month results for 2005 included a benefit of $96 million from the
effects of Ohio tax legislation, which increased diluted earnings per
share by $0.23. Excluding this item, net income for the first nine
months of 2006 would have been 33 percent higher than the $823 million,
or $2.01 per diluted share, earned in the same period of 2005.
Record third-quarter railway operating revenues of $2.4 billion
improved 11 percent compared with the same quarter a year earlier. For
the first nine months, railway operating revenues increased 13 percent
to a record $7.1 billion compared with the same period of 2005. Both
improvements were largely the result of higher average revenues,
including fuel surcharges. All markets, with the exception of
automotive, posted significant revenue gains, and several set new
revenue highs.
General merchandise revenues were $1.28 billion, an increase of 13
percent compared with the same period last year and a third-quarter
record. For the first nine months, general merchandise revenues rose 15
percent to a record $3.87 billion compared with the year-earlier
period.
For the quarter, coal revenues increased 9 percent to a record $595
million and improved 9 percent to a record $1.74 billion during the
first nine months compared with the same periods of the prior year.
Intermodal revenues continued growth in both the quarter and for the
first nine months, rising 9 percent to a third-quarter record of $515
million, and climbing 13 percent to a record $1.48 billion for the
year-to-date compared with the same periods of 2005.
Railway operating expenses were $1.68 billion for the quarter, an
increase of 3 percent compared with third-quarter 2005, and $5.15
billion for the first nine months, up 8 percent compared with the same
period a year earlier. Higher diesel fuel prices contributed to the
increases during both periods.
For the quarter, the railway operating ratio improved 5.4 percentage
points to 70.1 percent. For the first nine months, the railway
operating ratio improved 3.1 percentage points to 72.6 percent.
Norfolk Southern Corporation is one of the nation’s premier
transportation companies. Its Norfolk Southern Railway subsidiary
operates 21,200 route miles in 22 states, the District of Columbia and
Ontario, Canada, serving every major container port in the eastern
United States and providing superior connections to western rail
carriers. NS operates the most extensive intermodal network in the East
and is North America's largest rail carrier of metals and automotive
products.
# # #
Che titolo ragazzi... son 2 anni che lo seguo ma non sono mai entrato.
October 25, 2006
Norfolk Southern Net Income Increases 38 Percent
For third-quarter 2006:
* Net income climbed 38 percent to $416 million, $1.02 per diluted
share.
* Railway operating revenues increased 11 percent to a record $2.4
billion.
* Income from railway operations improved 35 percent to a record
$715 million.
* The railway operating ratio improved 5.4 percentage points to
70.1 percent.
NORFOLK, VA. – Norfolk Southern Corporation (NYSE: NSC) reported record
third-quarter net income of $416 million, or $1.02 per diluted share, a
38 percent increase compared with $301 million, or $0.73 per diluted
share, for the same period of 2005. Third-quarter income from railway
operations increased 35 percent to a record $715 million.
”We have consistently driven financial and operational performance to
higher levels throughout each quarter this year,” said Wick Moorman,
Norfolk Southern’s CEO. “In the third quarter our performance enabled
us to produce excellent results and set records for railway operating
revenues, income from railway operations and net income, while also
significantly improving our operating ratio.”
For the first nine months, net income set a record at $1.1 billion, or
$2.62 per diluted share, an increase of 19 percent compared with $919
million, or $2.24 per diluted share, for the same period of 2005. Nine-
month results for 2005 included a benefit of $96 million from the
effects of Ohio tax legislation, which increased diluted earnings per
share by $0.23. Excluding this item, net income for the first nine
months of 2006 would have been 33 percent higher than the $823 million,
or $2.01 per diluted share, earned in the same period of 2005.
Record third-quarter railway operating revenues of $2.4 billion
improved 11 percent compared with the same quarter a year earlier. For
the first nine months, railway operating revenues increased 13 percent
to a record $7.1 billion compared with the same period of 2005. Both
improvements were largely the result of higher average revenues,
including fuel surcharges. All markets, with the exception of
automotive, posted significant revenue gains, and several set new
revenue highs.
General merchandise revenues were $1.28 billion, an increase of 13
percent compared with the same period last year and a third-quarter
record. For the first nine months, general merchandise revenues rose 15
percent to a record $3.87 billion compared with the year-earlier
period.
For the quarter, coal revenues increased 9 percent to a record $595
million and improved 9 percent to a record $1.74 billion during the
first nine months compared with the same periods of the prior year.
Intermodal revenues continued growth in both the quarter and for the
first nine months, rising 9 percent to a third-quarter record of $515
million, and climbing 13 percent to a record $1.48 billion for the
year-to-date compared with the same periods of 2005.
Railway operating expenses were $1.68 billion for the quarter, an
increase of 3 percent compared with third-quarter 2005, and $5.15
billion for the first nine months, up 8 percent compared with the same
period a year earlier. Higher diesel fuel prices contributed to the
increases during both periods.
For the quarter, the railway operating ratio improved 5.4 percentage
points to 70.1 percent. For the first nine months, the railway
operating ratio improved 3.1 percentage points to 72.6 percent.
Norfolk Southern Corporation is one of the nation’s premier
transportation companies. Its Norfolk Southern Railway subsidiary
operates 21,200 route miles in 22 states, the District of Columbia and
Ontario, Canada, serving every major container port in the eastern
United States and providing superior connections to western rail
carriers. NS operates the most extensive intermodal network in the East
and is North America's largest rail carrier of metals and automotive
products.
# # #
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