BNSF: 4Q operating income $942 million, up 18 per cent from 4Q 2005; earnings per diluted share were $1.42, up 26 per cent from 4Q 2005. Annual operating income: $3.5 billion. Reuters. Canadian National: 4Q net income was $499 million ($CDN), up 16 per cent; diluted earnings per share 95¢, up 22 per cent. Net […]
Street running — trains running along tracks embedded in streets — always makes me do a double take. This Norfolk Southern train is running along Roosevelt Avenue in Albany, Georgia. Photo by RedRangerXXIV.
Fortune has a short article online that discusses the rise in price of railroad stocks in general — the big four have been up 25 per cent since mid-August — and the performance of Norfolk Southern in particular. The article also refers to, and cites anecdotes from, Rush Loving’s book on the recent history of […]
Norfolk Southern reported third-quarter earnings last week: net income was $416 million, or $1.02 per share; from railway operations, income of $715 million (before interest and taxes, thus the discrepancy) on revenues of $2.4 billion. It was Kansas City Southern‘s turn yesterday: net income of $26.4 million (32¢/share) on revenues of $415.7 million. Net income […]
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