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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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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.

Besides Wall Street's top -and-bottom-line estimates for Norfolk Southern (NSC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Seeking Clues to Norfolk Southern (NSC) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics

Norfolk Southern Corp. has fired back at activist investor Ancora Holdings Group amid the intensifying proxy fight over the railroad operator.

Norfolk Southern fires back at activist Ancora as proxy fight intensifies

Urges shareholders to vote "FOR" ONLY Norfolk Southern's 13 highly qualified nominees on the WHITE proxy card today ATLANTA , April 19, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) filed a presentation on Friday with the U.S. Securities and Exchange Commission addressing the flawed assumptions of Ancora Alternatives LLC's ("Ancora") highly unrealistic near-term financial targets. Among many other claims, Ancora grossly overestimates the 12-month savings across numerous categories and their "estimated savings" are simply not supported by the mathematical reality.

Norfolk Southern corrects Ancora's false and misleading statements

Outlines clear path to close the margin gap with peers by achieving a sub-60% operating ratio in 3-4 years Urges shareholders to vote "FOR" ONLY Norfolk Southern's 13 highly qualified nominees on the WHITE proxy card today Identifies safety, service and financial risk of Ancora's "tear it down to the studs" 1  strategy ATLANTA , April 18, 2024  /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) filed an investor presentation Thursday with the U.S. Securities and Exchange Commission and sent an accompanying letter to shareholders in connection with its Annual Meeting of Shareholders on May 9, 2024. The presentation and letter are available at www.VoteNorfolkSouthern.com and on the company's investor relations page.

Norfolk Southern presentation: We are creating a safer, more profitable railroad with long-term upside for shareholders

Norfolk Southern (NSC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Norfolk Southern (NSC) to Report a Decline in Earnings: What to Look Out for

Norfolk Southern's (NSC) Q1 bottom line is likely to have been hurt by high-labor costs following the recent labor negotiations.

What's in Store for Norfolk Southern (NSC) in Q1 Earnings?

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today issued a presentation on the urgent need for leadership, safety and strategy changes at Norfolk Southern. The presentation also showcases the comprehensive plan prepared by Ancora's nominees and proposed management team to transform Norfolk Southern and mean.

Ancora Releases Presentation Containing its Slate's Plan for Implementing and Running a PSR-Powered Scheduled Network at Norfolk Southern

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today announced that its proposed CEO and director candidate Jim Barber, proposed COO Jamie Boychuk and director candidate Sameh Fahmy will be participating in a fireside chat with Deutsche Bank's Transportation and Shipping markets analyst Amit Mehrotra on Monday.

Ancora's Proposed Management Team and Director Candidates to Participate in Fireside Chat with Deutsche Bank on the Value Creation Opportunity at Norfolk Southern

SAN FRANCISCO , April 11, 2024 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential claims on behalf of shareholders of Norfolk Southern Corporation (NYSE: NSC) relating to the February 3, 2023 train derailment in East Palestine, Ohio and potential wrongdoing among certain of Norfolk Southern's officers and directors. The February 2023 Norfolk Southern train derailment released toxins and other combustible liquids, led to a controlled burn of toxic chemicals, and prompted the evacuation of residents from the surrounding area.

NORFOLK SOUTHERN CORPORATION (NSC) SHAREHOLDER ALERT UPDATE: Company to Pay $600 Million Class Action Settlement for 2023 East Palestine Train Derailment - Current Shareholders Urged to Contact Schubert Jonckheer & Kolbe LLP Regarding Potential Claims Aga

Urges shareholders to vote "FOR" ONLY Norfolk Southern's 13 highly qualified nominees on the WHITE proxy card today Believes Ancora's nominees lack critical expertise and their appointment would be detrimental to shareholder value by putting the franchise at risk ATLANTA , April 11, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Thursday sent a letter to shareholders highlighting the collective strength of its board of directors and its commitment to acting in shareholders' best interests. Norfolk Southern's highly qualified and engaged board has taken decisive action to drive long-term shareholder value.

Norfolk Southern highlights the strength of its highly qualified and engaged board

The shockwaves from the collapse of the Francis Scott Key Bridge in Baltimore continue to reverberate through the rail industry.

Norfolk Southern's revenue will take a Baltimore bridge hit. This is what it means for CSX.

Shares of Norfolk Southern (NSC) moved higher in intraday trading Tuesday after the railway company announced a $600 million settlement that could resolve class-action litigation over the Feb. 2023 train derailment in East Palestine, Ohio.

Norfolk Southern Reaches $600 Million Settlement Over 2023 Derailment

The train caught fire and released more than a million gallons of hazardous materials and pollutants, sparking concerns abut US rail safety.

Norfolk Southern paying $600M to settle Ohio train derailment lawsuit

If approved by the court, the agreement will resolve all class-action claims within a 20-mile radius from the East Palestine derailment in February 2023.

Norfolk Southern Agrees to $600 Million Ohio Derailment Settlement

Company says settlement will resolve all class action claims within 20-mile radius from February 2023 derailment

Norfolk Southern agrees to pay $600m for Ohio toxic train derailment

Norfolk Southern will pay $600 million to settle a class-action lawsuit related to last year's train derailment in East Palestine, Ohio, the company announced Tuesday, following complaints from residents who said they were affected by the incident after hazardous chemicals leaked into the nearby water, air and soil.

Norfolk Southern Settles East Palestine Derailment Lawsuit For $600 Million

In February 2023, a Norfolk Southern train derailed in East Palestine, Ohio, that released vinyl chloride into the environment.

Norfolk Southern to Pay $600 Million Settlement for Train Derailment

Norfolk Southern Corp. NSC, +0.09% has reached an agreement in principle to settle a class action lawsuit brought after last year's derailment of one of the company's trains in East Palestine, Ohio. In a statement released Tuesday, Norfolk Southern said it has reached a $600 million agreement in principle to settle the lawsuit.

Norfolk Southern reaches agreement in principle to settle East Palestine class action

Reaffirms full-year 2024 adjusted operating ratio guidance improvement, including 400+ basis points improvement in the second half Provides progress update on actions to close margin gap with peers Results include $600M agreement in principle related to East Palestine derailment class action litigation ATLANTA , April 9, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Tuesday preliminary first quarter 2024 financial results. Preliminary first quarter 2024 results GAAP Results Adjusted Results Railway operating revenues $3,004 million $3,004 million Railway operating expenses $2,791 million  $2,100 million  Income from railway operations $213 million $904 million Operating ratio 92.9 % 69.9 % Diluted earnings per share $0.23 $2.49 "In the first quarter, we delivered an adjusted operating ratio in line with our guidance, which called for a seasonal increase of 100-200 basis points sequentially from the fourth quarter," said Norfolk Southern President and Chief Executive Officer Alan H.

Norfolk Southern reports preliminary first quarter 2024 results

President and CEO Alan Shaw and COO John Orr to discuss the company's strategic progress and path to close the margin gap with peers ATLANTA , April 8, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) President and Chief Executive Officer Alan Shaw, and Executive Vice President and Chief Operating Officer John Orr will participate in a fireside chat hosted by Wolfe Research's Scott Group. During the event, Shaw and Orr will discuss Norfolk Southern's balanced strategy that is building a more resilient, productive railroad and the company's new operational initiatives to accelerate progress to close the margin gap with peers.

Norfolk Southern to participate in fireside chat with Wolfe Research

Ancora's two-month fight with Norfolk Southern took another turn on Friday, when the firm publicized allegations of past misconduct on behalf of the new COO.

Norfolk Southern activist investor highlights past abusive behavior of new COO as proxy fight intensifies

ATLANTA , April 5, 2024  /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its first quarter 2024 financial results during a live conference call and internet webcast at 8:45 a.m. ET on Wednesday, April 24, 2024.

Norfolk Southern to announce first quarter 2024 earnings results on April 24, 2024

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today issued the below letter to fellow shareholders regarding the Board of Directors' (the “Board”) apparent failures of diligence and poor judgment in appointing John Orr as COO. *** April 5, 2024 Fellow Shareholders, Ancora is a sizable shareholder of Norfolk S.

Ancora Issues Letter to Fellow Shareholders Regarding Norfolk Southern's Failures of Diligence and Poor Judgment in Appointing John Orr as COO

Executive compensation plan adjustments address shareholder feedback and hold management accountable to deliver on key objectives ATLANTA , April 4, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) provided an update Thursday on its plan to accelerate progress on its strategy and deliver long-term shareholder value. Alan Shaw, Norfolk Southern president and chief executive officer, said, "The initiatives announced today will help us progress toward our strategic goals and close the margin gap with our peers.

Norfolk Southern announces new initiatives to drive further productivity and accountability

Norfolk Southern's (NSC) dedication to rewarding shareholders despite challenges is commendable. However, declining revenues, a worsening operating ratio and elevated labor costs are major headwinds.

News for Norfolk Southern Stock (NSC)