Earnings Abstract: Highlights of Norfolk Southern Corp’s (NSC) This fall 2023 report

Railroad firm Norfolk Southern Company (NYSE: NSC) on Friday introduced fourth-quarter monetary outcomes, reporting a decline in working revenues.

• Whole railway working revenues decreased 5% yearly to $3.1 billion in This fall from $3.24 billion final yr
• Earnings from railway operations was $808 million, a 32% decline from the $1.2 billion recorded within the fourth quarter of 2022.
• Adjusting for the Japanese Ohio Incident, earnings from railway operations was $958 million, down19% YoY
• On a per-share foundation, fourth-quarter earnings decreased to $2.32 from $3.42 final yr
• At $527 million, This fall internet earnings was down 33% year-over-year; adjusted earnings per share declined 17% to $2.83