NYSE$NSC

Norfolk Southern Corp · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Norfolk Southern achieved record financial results and improved service levels.

Norfolk Southern reported record third quarter 2022 financial results, including railway operating revenues, income from railway operations, net income, and diluted earnings per share. The company achieved improved service levels for customers through hiring initiatives and the launch of a new operating plan.

  • Railway operating revenue reached $3.3 billion.
  • Income from railway operations was $1.3 billion.
  • Net income amounted to $958 million.
  • Diluted earnings per share reached $4.10.

Headline financials

Total Revenue

$3.34B

Previous: $2.85B+17.2%
EPS (adj)

$3.80

Previous: $3.06+24.2%
Capital Expenditures

-$1.28B

Previous: -$1.03B-25.1%
Free Cash Flow

-$324M

Previous: -$272M-19.1%
Net Income

$958M

Previous: $753M+27.2%
Operating Income

$1.27B

Previous: $1.14B+12.0%
Gross Profit

-$383M

Previous: -$208M-84.1%
Cash & Equivalents

$1.21B

Previous: $1.47B-17.1%
Total Assets

$39.3B

Previous: $38.6B+1.8%

Revenue & EPS history

Norfolk Southern · Revenue · Quarterly

$3.34B

Q3 2022+17.2%vs Q3 2021
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 Q3 2022

Historical avgQ3 2022

+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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