NSC - Norfolk Southern Corporation
Norfolk Southern NYSE: NSC reported higher third-quarter revenue, operating income and earnings as volume growth, pricing and a tighter truck market supported demand across its business groups. The railroad also raised its 2026 capital spending outlook to fund capacity, resiliency and growth initiatives, while updating its full-year operating expense outlook for elevated fuel costs.
Norfolk Southern Corporation ( NSC ) Q3 2026 Earnings Call October 22, 2026 10:00 AM EDT Company Participants Luke Nichols - Senior Director of Investor Relations Mark George - President, CEO & Director Brian Barr - Chief Operating Officer Ed Elkins - Executive VP & Chief Commercial Officer Jason Zampi - Executive VP & CFO Conference Call Participants Scott Group - Wolfe Research, LLC Jonathan Chappell - Evercore ISI Institutional Equities, Research Division Jason Seidl - TD Cowen, Research Division Christian Wetherbee - Wells Fargo Securities, LLC, Research Division Brian Ossenbeck - JPMorgan Chase & Co, Research Division Bascome Majors - Stephens Inc., Research Division Richa Talwar - Deutsche Bank AG, Research Division Eric Morgan - Barclays Bank PLC, Research Division David Vernon - Bernstein Institutional Services LLC, Research Division Thomas Wadewitz - UBS Investment Bank, Research Division Ariel Rosa - Citigroup Inc., Research Division James McGarragle - RBC Capital Markets, Research Division Presentation Operator Good morning, ladies and gentlemen, and welcome to the Norfolk Southern Corporation Third Quarter 2026 Earnings Conference Call. [Operator Instructions] Also note that this call is being recorded on Thursday, October 22, 2026.
Norfolk Southern's Q3 2026 earnings and revenues beat estimates, driven by higher fuel surcharges and volume growth, even as rising expenses pressured margins.
US railroads pull ahead as high fuel costs hit truckers harder
The headline numbers for Norfolk Southern (NSC) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Norfolk Southern (NSC) came out with quarterly earnings of $3.62 per share, beating the Zacks Consensus Estimate of $3.48 per share. This compares to earnings of $3.3 per share a year ago.
Norfolk Southern tops profit estimates as freight demand stays strong
Railroad achieves record quarterly revenues and strong earnings growth ATLANTA, Oct. 22, 2026 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Thursday its third quarter 2026 financial results. For the quarter, revenue was $3.5 billion, income from railway operations was $1.2 billion, operating ratio was 67.4%, and diluted earnings per share were $3.37.
ATLANTA, Oct. 21, 2026 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced today a quarterly dividend of $1.35 per share on its common stock. The dividend is payable November 20, 2026, to shareholders of record on November 6, 2026.
NSC's Q3 2026 earnings face wage inflation, competitive volume pressure and intermodal uncertainty as analysts project lower revenues and profits.
Kapitalo Investimentos Ltda acquired a new position in Norfolk Southern Corporation (NYSE: NSC) during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,688 shares of the railroad operator's stock, valued at approximately $4,230,000. Norfolk Southern comprises 0.3% of Kapitalo Investimentos Ltda's
Beyond analysts' top-and-bottom-line estimates for Norfolk Southern (NSC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2026.
Building a second freight network across the United States would take over a century and cost more than any rival could justify, and that physical impossibility quietly funds the dividends three railroad giants pay their 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.
Krilogy Financial LLC boosted its position in Norfolk Southern Corporation (NYSE: NSC) by 87.4% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,294 shares of the railroad operator's stock after buying an additional 3,869 shares during the
Ausbil Investment Management Ltd increased its position in shares of Norfolk Southern Corporation (NYSE: NSC) by 35.6% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,991 shares of the railroad operator's stock after purchasing an additional 9,965 shares during the
Union Pacific seeks to acquire Norfolk Southern in an $85 billion deal creating a transcontinental railroad, but some labor unions and farm groups are pushing back.
ATLANTA, Oct. 2, 2026 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its third quarter 2026 financial results during a live conference call and internet webcast at 10:00 a.m. ET on Thursday, October 22, 2026.
Freight railroads own infrastructure that cannot be replicated, but their dividends depend on variables most income investors overlook.
OMAHA, Neb. & ATLANTA--(BUSINESS WIRE)--Union Pacific Corporation (NYSE: UNP) and Norfolk Southern Corporation (NYSE: NSC) today acknowledged two significant milestones in the creation of America's first transcontinental railroad, which will eliminate time-consuming interchanges between railroads and strengthen the nation's supply chain. The Surface Transportation Board (STB) has unanimously denied merger opponents' requests to dismiss the companies' revised merger application. With the rejecti.