{"id":39317,"date":"2016-10-27T16:00:40","date_gmt":"2016-10-27T20:00:40","guid":{"rendered":"https:\/\/www.smart-union.org\/?p=39317"},"modified":"2016-10-27T16:00:40","modified_gmt":"2016-10-27T20:00:40","slug":"class-release-3rd-quarter-2016-earnings","status":"publish","type":"post","link":"https:\/\/www.smart-union.org\/class-release-3rd-quarter-2016-earnings\/","title":{"rendered":"Class I’s release 3rd Quarter 2016 earnings","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

\"CSX_logo\"
\nNet Earnings:<\/strong> $455 million or $0.48 per share; down from $507 million or $0.52 per share
\nRevenue: <\/strong>Declined 8 percent
\nOperating Income:<\/strong> Declined 10 percent to $841 million
\nOperating Ratio:<\/strong> Increased 70 basis points to 69.0 percent
\nClick here to read CSX’s full earnings report<\/a>
\n 
\n\"KCS_rail_logo\"
\nNet Earnings:<\/strong> $121 million or $1.12 per diluted share; down from $132 million or $1.20 per diluted share
\nRevenue:<\/strong> Decreased 4 percent to $605 million
\nOperating Income:<\/strong> Decreased 9 percent to $200 million
\nOperating Ratio:<\/strong> Increased to 66.9 percent
\nClick here to read Kansas City Southern’s full earnings report<\/a>
\n 
\n\"CP_Logo_RGB\"
\nNet Earnings:<\/strong> C$347 million (7 percent increase) or C$2.34 diluted earnings per share (a 15 percent increase); up from C$323 million or C$2.04 diluted earnings per share
\nRevenue:<\/strong> Decrease of 9 percent to C$1.55 billion
\nOperating Income:<\/strong> C$657 million, a decrease of 13 percent
\nOperating Ratio:<\/strong> 57.7 percent, lowest ever reported
\nClick here to read Canadian Pacific’s full earnings report<\/a>
\n 
\n\"union_pacific_logo\"
\nNet Earnings:<\/strong> $1.1 billion or $1.36 per diluted share (9 percent decline); down from $1.3 billion or $1.50 per diluted share
\nRevenue:<\/strong> $5.2 billion, down 7 percent
\nOperating Income:<\/strong> Declined 11 percent to $2.0 billion
\nOperating Ratio:<\/strong> 62.1 percent, up 1.8 points
\nClick here to read Union Pacific’s full earnings report<\/a>
\n 
\n\"CN_red_logo\"
\nNet Earnings:<\/strong> C$972 million or C$1.25 per diluted share, as compared to 2015 3rd<\/sup> quarter of C$1,007 million or C$1.26 per diluted share
\nRevenue:<\/strong> Decreased 6 percent to C$3,014 million
\nOperating Income:<\/strong> Declined 5 percent to C$1,407 million
\nOperating Ratio:<\/strong> A record 53.3 percent, a 0.5-point improvement
\nClick here to read Canadian National’s full earnings report<\/a>
\n 
\n\"ns_Logo\"
\nNet Earnings:<\/strong> $460 million (2 percent increase) or $1.55 diluted earnings per share (4 percent increase); up from $452 million or $1.49 diluted earnings per share
\nRevenue:<\/strong> Declined 7 percent to $2.5 billion
\nOperating Income:<\/strong> Stayed at a steady $820 million
\nOperating Ratio:<\/strong> 67.5 percent, a 220 basis point improvement over 2015’s reported 69.7 percent in the third quarter
\nClick here to read Norfolk Southern’s full earnings report<\/a>
\n 
\nNote:<\/strong> Operating ratio is a railroad’s operating expenses expressed as a percentage of operating revenue, and is considered by economists to be the basic measure of carrier profitability. The lower the operating ratio, the more efficient the railroad.<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"

Net Earnings: $455 million or $0.48 per share; down from $507 million or $0.52 per share Revenue: Declined 8 percent Operating Income: Declined 10 percent to $841 million Operating Ratio: Increased 70 basis points to 69.0 percent Click here to read CSX’s full earnings report   Net Earnings: $121 million or $1.12 per diluted share; […]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":6,"featured_media":26553,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[60,18],"tags":[3463,784,785,786,939,88,299,180,89,181,92,185,93],"member_types":[],"acf":[],"yoast_head":"\nClass I's release 3rd Quarter 2016 earnings - SMART Union<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smart-union.org\/class-release-3rd-quarter-2016-earnings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Class I's release 3rd Quarter 2016 earnings - 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