Norfolk Southern Q3 2023 Earnings Report
Key Takeaways
Norfolk Southern reported Q3 2023 earnings with a diluted EPS of $2.10, which includes a $163 million charge related to the Eastern Ohio incident. Adjusting for this incident, the diluted EPS would have been $2.65. Income from railway operations was $756 million, or $919 million when adjusted for the incident.
Q3 results include a $163 million charge related to the incident in Eastern Ohio, inclusive of an initial insurance recovery of $25 million.
Diluted earnings per share were $2.10, but would have been $2.65 when adjusted for the incident.
Income from railway operations was $756 million, or $919 million when adjusted for the incident.
The company continued to invest in its people and assets to lay the foundation for its innovative strategy.
Norfolk Southern
Norfolk Southern
Forward Guidance
No specific forward guidance was provided in the press release.