Posting crazy high numbers like a high tech company.
BNSF reports 9.8% earnings gain, year over year
by Lackawanna484
Posted: Today
fewer carloads, more revenue per carload, higher fuel costs
[
berkshirehathaway.com]
BNSF Second-Quarter Earnings
by Interlocker
Posted: Today
Second Quarter:
Revenues: $6.640 billion (vs. $5.809 billion 2021)
Pre-Tax Earnings: $2.151 billion (vs. $1.979 billion 2021)
Net Earnings: $1.664 billion (vs. $1.516 billion 2021)
Operating Ratio: 63.2% (+2.8 percent vs. 2021)
Six Months:
Revenues: $12.608 billion (vs. $11.210 billion 2021)
Pre-Tax Earnings: $3.960 billion (vs. $3.6308 billion 2021)
Net Earnings: $3.035 billion (vs. $2.767 billion 2021)
Operating Ratio: 63.9% (+1.9 percent vs. 2021)
OF NOTE: Freight volumes for all business groups down for second quarter; three of the four down for first six months (coal up 5.0 percent).