Tuesday, September 12, 2017

US Railroad Companies (5) With Market Caps Above $1 Bil 2Q 2017 Total Earnings Were $2.358 Bil, Up a Robust 18% From the $1.998 Bil Total Earnings in the 2Q 2016

From a review of the Google Finance Website and of company financial statements in the US SEC website, I found the 5 Railroad Hauling Companies (SIC 4011) headquartered in the US with Stock Market Capitalizations of more than $1 Bil very recently and which have filed their Calendar Second Quarter 2017 Financial Statements with the SEC.

Below here are the Total Reported US GAAP Earnings (Losses) From Continuing Operations for the Second Calendar Quarters of both 2017 and 2016 for each of these 5 largest US Railroad Hauling Companies.





Calendar Calendar






2Q 17 2Q 16



Calendar US GAAP US GAAP Net Net


Most
2Q 17 Net Net Income Income
US Railroad Line-Haul Operating (SIC 4011) City State Recent
Month Income Income Better Better
Stock Market Caps Above $1 Bil HQs HQs FYE
End (Loss) (Loss) (Worse) (Worse)





 $ mils  $ mils  $ mils %










Union Pacific Omaha NE Dec16
June         1,168            979            189 19%
CSX Corp Jacksonville FL Dec16
June            510            445              65 15%
Norfolk Southern Norfolk VA Dec16
June            497            405              92 23%
Kansas City Southern Kansas City MO Dec16
June            135            121              14 12%
Genesee & Wyoming Inc Darien CT Dec16
June              48              48               -   0%










Total all 5




        2,358         1,998            360 18%