Financial PerformanceNorfolk Southern's guidance comes in modestly below previous estimates, despite being the only U.S. Class I to quantify margin targets.
Operational ChallengesNew CFO Jason Zampi highlighted that the fourth quarter would be impacted by $20 million due to recent hurricane effects, exacerbating operating ratio pressures.
Revenue GrowthNorfolk Southern expects only 3% revenue growth, which includes challenges from fuel costs, indicating limited upside from volumes and modest price recovery.