BUZZ-Railroad operator Norfolk Southern up after Q4 profit beat

Updates

** Shares of railroad operator Norfolk Southern Corp NSC.N up 2.9% at $259.50

** Co's Q4 profit beats estimates, helped by cost cuts implemented to improve margins and better-than-expected insurance recoveries related to a costly derailment

** Posts Q4 adj profit of $3.04 per share, above analysts' expectations of $2.95 per share, according to data compiled by LSEG

** Q4 railway operating revenue of $3,024 mln, roughly in line with estimates of $3,025 mln

** "Our network is running fast; our terminals are more efficient; and service metrics are steady," says CEO Mark George

** NSC's shares up ~10.5% YTD after falling 0.7% in 2024