Norfolk Southern Q1 EPS Beats $0.14

Norfolk Southern posted Q1 adjusted EPS $2.65, beating estimates by $0.14, with revenue flat at $3.0 bn and volume down 1% YoY.
Adjusted operating ratio rose to 68.7% (up 80 bps YoY), while GAAP EPS was $2.43 and GAAP operating ratio 70.7%.
Adjusted railway operating income fell 2% to $939 m; GAAP railway income dropped 23% to $877 m year‑over‑year.
Shares slipped 0.29% pre‑market; CEO Mark George cited volatile volumes, severe winter weather and March fuel price surge as challenges.