UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to___________ Commission File Number: 1-8339 NORFOLK SOUTHERN CORPORATION (Exact name of registrant as specified in its charter) Virginia 52-1188014 (State ...

Norfolk Southern Corporation (NYSE:NSC) Q3 2024 Earnings Conference Call October 22, 2024 8:45 AM ET Company Participants Luke Nichols - Senior Director of IR Mark George - President and CEO John Orr - COO Ed Elkins - Chief Marketing Officer Jason Zampi - CFO Conference Call Participants Chris Wetherbee - Citigroup Brian Ossenbeck - JPMorgan Ken Hoexter - Bank of America Merrill Lynch Scott Group - Wolfe Research Tom Wadewitz - UBS Brandon Oglenski - Barclays Jonathan Chappell - Evercore ISI Jeff Kauffman - ...

For the quarter ended September 2024, Norfolk Southern (NSC) reported revenue of $3.05 billion, up 2.7% over the same period last year. EPS came in at $3.25, compared to $2.65 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.09 billion, representing a surprise of -1.41%. The company delivered an EPS surprise of +4.84%, with the consensus EPS estimate being $3.10.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...

Norfolk Southern (NSC) came out with quarterly earnings of $3.25 per share, beating the Zacks Consensus Estimate of $3.10 per share. This compares to earnings of $2.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.84%. A quarter ago, it was expected that this railroad would post earnings of $2.85 per share when it actually produced earnings of $3.06, delivering a surprise of 7.37%.Over the last four quarters, the company h ...

Exhibit 99.2 Norfolk Southern Corporation and Subsidiaries Consolidated Statements of Income (Unaudited) | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------|-------|------------------------|---------------------|---------------------|-------|------------------------------------------|-------|---------------| | | | Third \n2024 \n(in | Quarter \nmillions, | \n2023 \n except | per | First Nine \n2024 \nshare amounts) | | Months \n2023 | | Railway ...

The upcoming report from Norfolk Southern (NSC) is expected to reveal quarterly earnings of $3.10 per share, indicating an increase of 17% compared to the year-ago period. Analysts forecast revenues of $3.09 billion, representing an increase of 4.2% year over year. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Prior to ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Norfolk Southern (NSC) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Octo ...

ATLANTA, Sept. 8, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) acknowledges that its Board of Directors has opened an investigation into allegations of potential conduct by CEO Alan Shaw that is inconsistent with the company's Code of Ethics and company policy. Norfolk Southern holds all its team members to the highest standards. In line with the company's Code of Conduct and company policy, allegations of misconduct are thoroughly investigated. The code also includes resources for employee ...

Norfolk Southern (NSC) , in partnership with BNSF Railway, inked provisional, five-year collective bargaining agreements with multiple labor unions. The tentative deals with the Brotherhood of Railway Carmen Division/TCU, the International Association of Sheet Metal, Air, Rail and Transportation Workers - Mechanical Department and the Transportation Communications Union/IAM have been inked four months prior to the commencement of the next collective bargaining round. NSC has also inked tentative agreements ...

Prospects of Zacks Transportation - Rail industry's participants are being weighed down by challenges like inflation-induced elevated interest rates, concerns pertaining to supply-chain disruptions and the slowdown of economic growth. Most industry players are looking to drive their bottom line amid the headwinds through cost reduction. Partly due to these headwinds, the industry has declined 1.8% so far this year, underperforming the S&P 500 Index's 17.9% appreciation. The broader Zacks Transportation sect ...