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Sep 30, 2022

Norfolk Southern Q3 2022 Earnings Report

Norfolk Southern achieved record financial results and improved service levels.

Key Takeaways

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.

Total Revenue
$3.34B
Previous year: $2.85B
+17.2%
EPS
$3.8
Previous year: $3.06
+24.2%
Gross Profit
$1.35B
Previous year: $1.24B
+9.5%
Cash and Equivalents
$1.21B
Previous year: $1.47B
-17.1%
Free Cash Flow
$968M
Previous year: $818M
+18.3%
Total Assets
$39.3B
Previous year: $38.6B
+1.8%

Norfolk Southern

Norfolk Southern