Revenue segments as reported by the company.

Merchandise

Intermodal

Coal

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Compensation and benefits

Purchased services and rent

Fuel

Depreciation

Materials and other

Eastern Ohio incident

Restructuring and other charges

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Norfolk Southern

Norfolk Southern Corp. is a transportation company, which owns a freight railroad. It engages in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers to and from the rest of the United States. The company transports overseas freight through several Atlantic and Gulf Coast ports. It offers an extensive intermodal network in the eastern half of the United States and is a transporter of coal, automotive, and industrial products. The company's services include property leases and sales, wire line or pipeline and fiber optics projects, access property, managing private crossings, promoting businesses with signboards, and natural resource management. Norfolk Southern was founded on July 23, 1980, and is headquartered in Atlanta, GA.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Norfolk Southern posts robust Q4 results amidst operational enhancements

Norfolk Southern (NSC) delivered strong financial results in Q4 2022, focusing on operational efficiency, service enhancements, and strategic growth initiatives.
Despite challenges such as macroeconomic uncertainties and service-related costs, NSC remains optimistic, aiming to capitalize on opportunities in market share expansion and network resiliency.
The company's performance, strengths, and proactive approach to challenges position it well for continued growth and competitiveness in the rail industry.

Norfolk Southern prioritizes safety and resilience amidst operational challenges

Norfolk Southern is prioritizing safety enhancements, cost-effective measures, and workforce optimization to improve service quality. The company's strategy focuses on resilient service, supporting highway to rail conversions, and investing in employee training. Despite challenges, Norfolk Southern remains committed to competitive margins, revenue growth, EPS, and ROIC.

Norfolk Southern reports Q2 revenue decline, focuses on recovery

Norfolk Southern (NSC) faced revenue declines and operational challenges in Q2 2023, impacted by the Eastern Ohio derailment and market headwinds.
Despite challenges, the company remains committed to safety, recovery, and long-term value creation, focusing on efficiency and service excellence.
Opportunities for OR improvement, cost management, and service enhancements provide a path for Norfolk Southern (NSC) to navigate challenges and drive future growth.

Norfolk Southern (NSC) reports Q3 improvements amidst cost pressures

Norfolk Southern (NSC) navigated challenges in Q3 with a focus on resilience and operational excellence. Despite cost pressures, the company saw improvements in service, volume, and safety performance. With a strategic focus on industry competitive margins and growth opportunities, Norfolk Southern is investing in service enhancements and productivity to drive future success.

Norfolk Southern (NSC) reports safety improvements and growth strategies

Norfolk Southern (NSC) navigated challenges in 2023 with a focus on safety, service improvements, and sustainable growth strategies. Despite cost impacts and margin challenges, the company remains optimistic about modest volume growth and revenue enhancement opportunities in 2024.

Norfolk Southern prioritizes productivity and efficiency for industry competitiveness

Norfolk Southern (NSC) focused on productivity and efficiency to achieve industry competitive margins in Q1 2024.
Operational changes led by new COO John Orr emphasized safety, productivity, and network optimization efforts.
Challenges in revenue declines and market outlook were addressed, with opportunities for growth through operational enhancements.
Confidence in achieving operational targets and reducing headcount through productivity initiatives was expressed.
Balanced strategy focusing on service, productivity, and growth to drive transformational journey.
Customer service improvements and changes underway were well-received, with a focus on velocity and reliability.

Norfolk Southern reports solid Q2 earnings amidst coal market challenges

Norfolk Southern's Q2 2024 performance showcased financial strength, operational improvements, and a focus on safety and productivity. While facing challenges in the coal market, the company remains committed to its strategy and delivering results. Opportunities for growth through partnerships and operational enhancements position Norfolk Southern for long-term success.

Norfolk Southern reports robust Q3 earnings amidst market challenges

Norfolk Southern (NSC) delivered strong financial results with revenue and earnings growth, driven by volume increases and cost management initiatives.
The company's emphasis on safety, productivity, and cost reductions underscores its commitment to operational excellence and sustainable growth.
While facing challenges from market uncertainties and external impacts, Norfolk Southern remains focused on enhancing operational efficiency and seizing growth opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Norfolk Southern Corp. is a transportation company, which engages in the rail transportation of raw materials, intermediate products, and finished goods. The company also transports overseas freight through several Atlantic and Gulf Coast ports. Its services include property leases and sales, wire line or pipeline and fiber optics projects, access property, managing private crossings, promoting businesses with signboards, and natural resource management. The company was founded on July 23, 1980 and is headquartered in Atlanta, GA.

Low revenues from key segments hurt Norfolk Southern's (NSC) Q3 results.

Norfolk Southern (NSC) Misses on Q3 Earnings, Decreases Y/Y

While the top- and bottom-line numbers for Norfolk Southern (NSC) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Norfolk Southern (NSC) Reports Q3 Earnings: What Key Metrics Have to Say

Norfolk Southern Corporation (NYSE:NSC ) Q3 2023 Earnings Conference Call October 25, 2023 8:45 AM ET Company Participants Luke Nichols - Senior Director of Investor Relations Alan Shaw - President & Chief Executive Officer Mark George - Chief Financial Officer Paul Duncan - Chief Operating Officer Ed Elkins - Chief Marketing Officer Conference Call Participants Chris Wetherbee - Citigroup Amit Mehrotra - Deutsche Bank Ken Hoexter - Bank of America Scott Group - Wolfe Research Tom Wadewitz - UBS Brian Ossenbeck - JPMorgan Justin Long - Stephens Inc Jonathan Chappell - Evercore ISI Allison Poliniak - Wells Fargo Brandon Oglenski - Barclays Jordan Alliger - Goldman Sachs Jason Seidl - TD Cowen Ravi Shanker - Morgan Stanley Bascome Majors - Susquehanna International Group Ben Nolan - Stifel David Vernon - Bernstein Operator Greetings. Welcome to the Norfolk Southern Corporation's Third Quarter 2023 Earnings Call.

Norfolk Southern Corporation (NSC) Q3 2023 Earnings Call Transcript

Norfolk Southern (NSC) came out with quarterly earnings of $2.65 per share, missing the Zacks Consensus Estimate of $2.74 per share. This compares to earnings of $4.10 per share a year ago.

Norfolk Southern (NSC) Q3 Earnings Lag Estimates

Norfolk Southern Corp. NSC, -0.34% on Wednesday posted net income of $756 million, or $2.10 a share, for the third quarter, down from $1.3 billion a year ago. EPS was down 49% from a year ago, the company said in a statement.

Norfolk Southern Q3 profit down sharply after Eastern Ohio derailment charge

ATLANTA , Oct. 25, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Wednesday its third quarter 2023 financial results. For the quarter, income from railway operations was $756 million and diluted earnings per share were $2.10.

Norfolk Southern reports third quarter 2023 results

Norfolk Southern's (NSC) third-quarter 2023 revenues are expected to have been weighed down by segmental weakness.

Is a Beat in Store for Norfolk Southern (NSC) in Q3 Earnings?

My strategy focuses on top-tier companies in sectors with strong long-term earnings power, pricing power, and low risks of disruption.

I'm Buying Norfolk Southern Stock With Both Hands

Pioneering initiative will launch innovative safety pilot program ATLANTA , Oct. 19, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) and the Brotherhood of Railroad Signalmen (BRS) announced a partnership Thursday to create an innovative new program called the Signal Safety Collaboration. This one-year pilot program, which was developed with input from the Federal Railroad Administration (FRA), will establish a collaborative process – including joint inspections, information sharing, and training – to identify further improvements and best practices that enhance signal safety for the benefit of our employees and the communities we serve.

Norfolk Southern and Brotherhood of Railroad Signalmen partner to enhance safety

The U.S. Environmental Protection Agency (EPA) on Wednesday ordered Norfolk Southern Corp to carry out additional cleanup in East Palestine, Ohio, following the Feb. 3 derailment of a company-operated freight train.

EPA orders Norfolk Southern to perform additional cleanup following Ohio derailment

CME Group

I discuss two stocks that offer high income, resilience during recessions, capital appreciation, and a high barrier to market entry. Norfolk Southern is a wide-moat railroad giant with a history of dividend growth, offering attractive buying opportunities despite recent headwinds. CME Group, a financial derivatives powerhouse, offers consistent income through dividends and special dividends and is well-positioned to benefit from rising rates and market volatility.

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Analyst downgrades can be a valuable tool when making investment decisions. However, just because an analyst has changed his or her rating on a stock from “buy” to “hold,” from “buy” to “sell” or from “hold” to “sell,” doesn't mean you need to follow suit.

The Pros Got It Wrong: 7 Stocks to Buy Despite Recent Downgrades

Norfolk Southern Corporation shares are down 13.4% in the past 2 months, making them a more attractive investment. Traffic patterns show a decline in hauling of forest and building materials and energy, potentially indicating a slowdown in the broader economy. The stock is now cheaper than it was when I bought last April, and the dividend yield is much higher. The current valuation of Norfolk Southern is attractive.

Boarding Norfolk Southern Corporation (Rating Upgrade)

ATLANTA , Sept. 30, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) provided an update Saturday on a technology outage that impacted rail operations overnight: Late Friday evening, Norfolk Southern's data center experienced an outage that impacted rail operations.

Norfolk Southern system outage

ATLANTA , Sept. 29, 2023  /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its third quarter financial results during a live conference call and internet webcast at 8:45 a.m.

Norfolk Southern to announce Q3 2023 earnings results on October 25, 2023

Appointment of a Director Public Engagement to help improve  railroad infrastructure and collaboration with local leaders ATLANTA , Sept. 28, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Thursday a new role focused solely on collaborating with the communities it serves.

Norfolk Southern announces new approach to engaging communities

Providing greater flexibility and access to Ft. Pierce and Ft.

Norfolk Southern and Florida East Coast Railway expand intermodal service for customers

Facility will train regional first responders, strengthen coordination between railroads and emergency personnel EAST PALESTINE, Ohio , Sept. 21, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) broke ground Thursday on its First Responder Training Center.

Norfolk Southern breaks ground on regional safety training center in Ohio

ATLANTA , Sept. 20, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) and RapidSOS announced a partnership Wednesday to help equip first responders with critical information to safely respond to a rail emergency.

Norfolk Southern and RapidSOS enhancing safety information access for first responders

NSC stock has been weighed down this year owing to the derailment of a train carrying toxic materials in East Palestine, Ohio, in February of this year.

Which Is A Better Railroad Pick – Norfolk Southern Stock Or CSX?

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Norfolk Southern Corporation (NYSE: NSC) on behalf of long-term stockholders following a class action complaint that was filed against Norfolk Southern on March 16, 2023 with a Class Period from October 28, 2020 to March 3, 2023. Our investigation concerns whether the board of directors of Norfolk Southern have breached their fiduciary duties.

NORFOLK SOUTHERN ALERT: Bragar Eagel & Squire, P.C. is Investigating Norfolk Southern Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Railroad giant Norfolk Southern Corp. NSC, +0.05% on Monday announced an interim plan to compensate eligible homeowners whose home values suffered following the February derailment of a train carrying toxic chemicals in East Palestine, Ohio. Under the program, residents within a defined boundary near the Ohio-Pennsylvania border “who have sold their homes since February 3, currently have their homes on the market, or will put their homes on the market, are eligible to be compensated for any difference between their home's market value and its sale price,” the company said.

Norfolk Southern announces homeowner compensation plan after East Palestine derailment

Norfolk Southern said on Monday it launched an interim program to compensate homeowners around East Palestine, Ohio who have had to sell their properties at a reduced value following a Feb. 3 train derailment that spilled toxic chemicals.

Norfolk Southern to start compensating homeowners for Ohio derailment

Plan compensates any lost home value as long-term program is developed EAST PALESTINE, Ohio , Sept. 18, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Monday an interim Value Assurance Program (VAP).

Norfolk Southern announces Value Assurance Program for East Palestine area homeowners

Nationwide safety awareness week is September 18 – 24 ATLANTA , Sept. 18, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) is joining with Operation Lifesaver, Inc. to recognize Rail Safety Week.

News for Norfolk Southern Stock (NSC)