Thursday, January 29, 2026 at 1:18 PM
Norfolk Southern reported a 12% decline in quarterly profit due to a challenging economy and one-time costs related to its merger efforts with Union Pacific, despite exceeding analyst expectations on adjusted earnings.
Canadian National Railway reported higher profit and revenue for the fourth quarter thanks to better freight volumes and improved operational efficiency.
The company said consumer demand was pressured early in the second quarter by factors including the government shutdown and heightened value-seeking behavior.
The airline says its new economic model is critical to catch industry rivals, even if passengers have to pay more.
GE HealthCare Technologies said profit fell in the fourth quarter, despite higher revenue, as the company continues to operate in what Chief Executive Peter Arduini called a dynamic macroeconomic environment.
