Industrial stocks bucked a falling market on Thursday. The State Street Industrial Select Sector SPDR ETF popped back into in a buy zone, led by gap-ups and breakouts for CSX, RTX and others. Many holdings in this exchange traded fund delivered blowout earnings this week.
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Union Pacific raised its financial forecast after posting higher profits in the second quarter. The post Union Pacific posts record financial results, raises outlook appeared first on FreightWaves.
Norfolk Southern posted Q2 earnings that saw operating income rise 5% on revenue that was 11% higher. The post Norfolk Southern’s earnings rise with volume gains appeared first on FreightWaves.
Shares of CSX, Union Pacific and Norfolk Southern hit 52-week highs after posting better-than-expected second-quarter earnings.
NSC's Q2 earnings beat estimates as record revenues, volume growth and stronger pricing offset higher fuel costs and weaker efficiency.
Norfolk Southern (NSC) and Union Pacific (UNP) logged stronger-than-expected second-quarter results
Shares of freight railroads Union Pacific, CSX and Norfolk Southern jumped after they reported higher revenue, as more shippers moved their cargo from truck to rail. “I’m very bullish from where we sit on demand,” said Union Pacific Executive Vice President Kenny Rogers in an earnings call. Union Pacific reported a 12% increase in second-quarter operating revenue compared to the same period a year ago, CSX reported a 10% increase and Norfolk Southern, an 11% increase.
Freight transportation company Norfolk Southern (NYSE:NSC) announced better-than-expected revenue in Q2 CY2026, with sales up 11.4% year on year to $3.47 billion. Its GAAP profit of $3.26 per share was 0.6% below analysts’ consensus estimates.
While the top- and bottom-line numbers for Norfolk Southern (NSC) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Union Pacific struck a deal with Canadian National to secure that rival's support for its proposed $85 billion acquisition of Norfolk Southern railroad. The deal to create the nation's first transcontinental railroad has been divisive within the industry because it would concentrate so much market power in the hands of one company that would control more than 40% of all rail traffic and reduce the number of major freight railroads in the United States down to five. BNSF, CPKC and CSX railroads all strongly oppose the merger, but now Canadian National said it will support it after winning concessions from Union Pacific.
Norfolk Southern (NSC) delivered earnings and revenue surprises of +8.98% and +4.42%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
The railroad's revenue rose 11% year-over-year to $3.5 billion, topping Wall Street expectations for the second quarter
Stripping out one-time costs, such as expenses related to its tie-up with Union Pacific and continued costs from its freight-train derailment in Ohio, earnings were $3.52 a share in the second quarter.
Canadian National Railway Company (CNR.TO) has signed a binding memorandum of understanding with Uni
Norfolk Southern Corp. said Q2 earnings exceeded Wall Street expectations on higher freight volumes and fuel surcharges. The post First look: Norfolk Southern earnings appeared first on FreightWaves.
Canadian National will support the UP-NS merger in exchange for improved access to markets in the U.S. Midwest and Mexico. The post CN and UP reach settlement on Norfolk Southern merger appeared first on FreightWaves.
Union Pacific reached a deal with Canadian National Railway to give the Montreal railroad further access in the Midwest in exchange for ending its opposition to Union Pacific’s $71.5 billion merger with Norfolk Southern.
Norfolk Southern (NSC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Beyond analysts' top-and-bottom-line estimates for Norfolk Southern (NSC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2026.
Union Pacific stock has delivered a 52.7% total return over the past five years, yet current checks suggest it may now sit close to its intrinsic value rather than being a clear bargain or an obvious premium. A 52.7% five year return indicates shareholders have already captured a meaningful portion of Union Pacific's value creation over that period. The proposed merger with Norfolk Southern, alongside efficiency gains and supply chain moves like the long rail supply agreement, can support...
Norfolk Southern heads into Q2 results with higher earnings expectations, stronger freight demand and cost cuts, even as revenues are forecast to decline.
Norfolk Southern (NSC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Norfolk Southern is set to report its second-quarter results later this month, and analysts predict a single-digit drop in the company’s bottom-line figure.
Norfolk Southern Corporation (NYSE:NSC) is one of the Best Railroad Stocks to Invest In According to Billionaires. As of Q1 2026, 24 billionaires held the stock. On July 7, Norfolk Southern and Union Pacific submitted the first portion of their responses to the Surface Transportation Board’s request for supplemental information tied to their accepted merger […]
Union Pacific Corporation (NYSE:UNP) is one of the Best Railroad Stocks to Invest In According to Billionaires. As of Q1 2026, 24 billionaires held the stock. On July 7, Union Pacific and Norfolk Southern told the Surface Transportation Board that they were willing to divest ownership stakes in smaller railroads as part of their proposed […]
As the Big Boy steam locomotive thundered into Philadelphia for the USA 250 celebration, the CEOs of Union Pacific and Norfolk Southern talked about the proposed merger that could reshape the American supply chain. The post EXCLUSIVE: Union Pacific, Norfolk Southern CEOs talk about the rail merger that could reshape the U.S. economy appeared first on FreightWaves.
Norfolk Southern (NYSE:NSC) and Union Pacific have filed detailed responses with the Surface Transportation Board on their proposed merger. The submissions address regulatory questions around control of jointly owned rail entities and clarify plans to keep certain assets separate after the deal. Both companies signaled ongoing cooperation with the STB as the review process continues. Norfolk Southern, trading at $322.74, is in focus as regulators review one of the largest potential freight...
By David Shepardson WASHINGTON, July 7 (Reuters) - Union Pacific and Norfolk Southern told a U.S. government agency Tuesday they are willing to divest ownership stakes in some smaller railroads as