NYSE$NSC

Norfolk Southern Corp · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

NSC Q1 2024 — $128.0M revenue, 0.23 EPS

Norfolk Southern Corporation (Norfolk Southern) and subsidiaries’ (collectively, NS, we, us, and our) financial position at March 31, 2024 and December 31, 2023, our results of operations, comprehensi. Norfolk Southern Corp reported Q1 2024 results. Diluted EPS came in at $0.23. Net income of $565. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $128.0M.
  • Diluted EPS: $0.23.
  • Net income: $565.

Headline financials

Total Revenue

$3B

Previous: $3.13B-4.1%
EPS (adj)

$2.49

Previous: $3.32-25.0%
Capital Expenditures

-$557M

Previous: -$428M-30.1%
Free Cash Flow

-$504M

Previous: $38M-1426.3%
Net Income

$53M

Previous: $466M-88.6%
Operating Income

$213M

Previous: $711M-70.0%
Gross Profit

-$284M

Previous: -$315M+9.8%
Cash & Equivalents

$652M

Previous: $552M+18.1%
Total Assets

$42.1B

Previous: $39.2B+7.6%

Revenue & EPS history

Norfolk Southern · Revenue · Quarterly

$3B

Q1 2024-4.1%vs Q1 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+0.5%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+2.3%

Avg return

30 days after

57%

41 / 72 earnings

Positive

+11.7%

Q2 2024

Best reaction

-8.6%

Q3 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%-2.9%-2.4%
Q4 2025+1.9%+4.9%+10.6%
Q3 2025-1.3%-1.5%+0.9%
Q2 2025-3.0%-4.0%-3.0%
Q1 2025+0.9%+0.8%+9.1%
Q4 2024+1.8%-0.8%-2.6%
Q3 2024+3.6%+1.2%+6.5%
Q2 2024+11.7%+12.8%+8.7%
Q1 2024-1.7%-1.5%-7.4%
Q4 2023+0.2%-1.1%+8.5%
Q3 2023-5.6%-4.4%+10.0%
Q2 2023-0.1%-1.2%-11.1%
Q1 2023-3.0%+0.7%+1.7%
Q4 2022-5.7%-6.9%-12.2%
Q3 2022+3.6%+5.7%+16.9%
Q2 2022+0.1%+3.4%+3.4%
Q1 2022+4.4%+0.8%-5.3%
Q4 2021-1.8%-1.0%-5.2%
Q3 2021+2.2%+0.7%-6.0%
Q2 2021-2.6%-2.6%-0.8%
Q1 2021-0.4%+0.4%-0.3%
Q4 2020+1.6%+0.8%+5.9%
Q3 2020+1.0%+5.6%+19.2%
Q2 2020+2.0%+2.9%+16.2%
Q1 2020+0.3%-1.5%+4.5%
Q4 2019+4.8%+1.1%-10.9%
Q3 2019-3.1%-0.6%+2.2%
Q2 2019-4.6%-2.4%-13.9%
Q1 2019+0.6%+0.6%-1.2%
Q4 2018+0.6%+1.7%+11.6%
Q3 2018+4.6%+2.6%+4.4%
Q2 2018+5.7%+5.0%+9.0%
Q1 2018+7.2%+6.3%+13.4%
Q4 2017-2.3%-0.2%-6.0%
Q3 2017+0.7%+0.4%-1.7%
Q2 2017-5.0%-5.4%-0.7%
Q1 2017+1.7%+0.8%+4.8%
Q4 2016+2.5%+2.6%+3.0%
Q3 2016-2.1%-0.3%+11.9%
Q2 2016-2.9%-4.5%-0.5%
Q1 2016+9.8%
Q4 2015+1.8%
Q3 2015+4.7%
Q2 2015+2.4%
Q1 2015-3.4%
Q4 2014-0.6%
Q3 2014-1.8%
Q2 2014+0.2%
Q1 2014-1.9%
Q4 2013+5.6%
Q3 2013+9.0%
Q2 2013-3.5%
Q1 2013-0.2%
Q4 2012+2.6%
Q3 2012-8.6%
Q2 2012-0.7%
Q1 2012+5.1%
Q4 2011-2.8%
Q3 2011-1.6%
Q2 2011-1.7%
Q1 2011+0.5%
Q4 2010+0.1%
Q4 2009+0.1%
Q3 2010+1.6%
Q2 2010+2.8%
Q1 2009+1.1%
Q1 2010+1.4%
Q2 2009+0.7%
Q4 2007+0.7%
Q3 2009-1.1%
Q3 2008-1.1%
Q4 2008-1.1%

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