---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-23-000242"
form_type: "8-K"
ticker: "NSC"
cik: "0000702165"
company_name: "NORFOLK SOUTHERN CORP"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T14:17:51.978210+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Norfolk Southern Q1 GAAP EPS $2.04, down 30% YoY; includes $387M Ohio derailment charge

## Summary
- Railway operating revenues $3.1B, up 7% YoY; merchandise $1.878B, intermodal $814M, coal $440M.
- GAAP income from railway operations $711M, down 34% YoY; adjusted (ex-Ohio charge) $1.1B, up 1%.
- GAAP diluted EPS $2.04, down 30% YoY; adjusted diluted EPS $3.32, up 13% YoY.
- Recognized $387M charge for East Palestine derailment; no insurance recoveries recorded yet.
- Repurchased 0.6M shares for $163M in Q1; dividends paid $307M.

## SEC filing metadata
- accession: 0001552781-23-000242
- form_type: 8-K
- ticker: NSC
- cik: 0000702165
- company_name: NORFOLK SOUTHERN CORP
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/702165/000155278123000242/0001552781-23-000242-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/702165/000155278123000242/e23230_nsc-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-23-000242
- JSON: https://secwatch.observer/filing/0001552781-23-000242.json
- Plain text: https://secwatch.observer/filing/0001552781-23-000242.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.