The company said net income for Q1 2024 was $1.6 billion ($2.69 per diluted share). For Q1 2023, net income was $1.6 billion, or $2.67 per diluted share.

1. 01

   The company said net income for Q1 2024 was $1.6 billion ($2.69 per diluted share). For Q1 2023, net income was $1.6 billion, or $2.67 per diluted share.

2. 02

   The company said operating revenue for Q1 was flat at $6.0 billion, while operating income rose 3% to $2.4 billion. It said the operating ratio was 60.7%, an improvement of 140 basis points.

3. 03

   The company reported that operating cash flow for Q1 2024 was $2,122 million and free cash flow (non-GAAP) was $525 million. For Q1 2023, the figures were $1,840 million and $240 million, respectively.

4. 04

   The company said it will resume share repurchases in Q2, updating its 2024 outlook. It also reaffirmed that there is no change to its long-term capital allocation strategy, with a capital plan of $3.4 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.