NYSE$NSC

Norfolk Southern Corp · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Norfolk Southern reported second-quarter financial results.

Norfolk Southern reported a second-quarter net income of $392 million, with diluted earnings per share at $1.53 and an operating ratio of 70.7 percent.

  • Employees prioritized safety and customer service amidst redefined circumstances.
  • Commitment to shareholder value was underscored by ongoing transformation efforts.
  • Hump yard footprint was further reduced.
  • Fuel efficiency gains and increased train size were achieved.

Headline financials

Total Revenue

$2.09B

Previous: $2.93B-28.7%
EPS (adj)

$1.53

Previous: $2.70-43.3%
Capital Expenditures

-$735M

Previous: -$979M+24.9%
Free Cash Flow

-$343M

Previous: -$257M-33.5%
Net Income

$392M

Previous: $722M-45.7%
Operating Income

$610M

Previous: $1.07B-42.7%
Gross Profit

-$84M

Previous: -$254M+66.9%
Cash & Equivalents

$1.14B

Previous: $274M+317.2%
Total Assets

$38B

Previous: $37.2B+2.1%

Revenue & EPS history

Norfolk Southern · Revenue · Quarterly

$2.09B

Q2 2020-28.7%vs Q2 2019
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

The company is mobilized and driven to meet the challenges and opportunities that lie ahead, and will continue to create collaborative change and relentlessly pursue increased productivity as a leading supply chain partner throughout the economic recovery and beyond.

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 Q2 2020

Historical avgQ2 2020

+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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