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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 3.05B | 0.2% |
| Gross Profit | 2.15B | 3.7% |
| Cost of Revenue | 901M | 7.1% |
| Operating expense | -5M | 102.7% |
| Net Income | 1.1B | 49.1% |
| EBITDA | 1.97B | 30.6% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 43.3B | 1.6% |
| Total Liabilities | 29.5B | 0.4% |
| Total Equity | 13.8B | 6.2% |
| Shares Outstanding | 226M | 0.1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.23B | 18.3% |
| Cash from investing | -224M | 69% |
| Cash from financing | -686M | 124.2% |
EPS
Financial Highlights for Norfolk Southern Railway in Q3 '24
Norfolk Southern Railway reported a revenue of 3.05B, which is a 0.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 2.15B, marking a 3.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 901M, a -7.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were -5M, showing a -102.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 1.1B, showing a 49.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 1.97B, showing a 30.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Norfolk Southern Railway with growth in revenue, gross profit, and net income.
