Norfolk Southern (NSC) Q4 FY24 earnings call

Norfolk Southern closed out FY24 with solid Q4 results, driven by strong operational performance and cost discipline, exceeding its cost savings target and narrowing the margin gap to peers. The company is building on this momentum with a new operating plan and expects to resume share repurchases in 2025, despite anticipating continued headwinds from fuel, coal, and potential tariffs. Management emphasized a cerebral approach to PSR 2.0, focusing on both efficiency and customer service.