secwatch.observer — SEC 8-K summary
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Issuer:     NORFOLK SOUTHERN CORP (NSC)
CIK:        0000702165
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001552781-23-000329
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Norfolk Southern Q2 revenue down 8%, EPS $1.56; $416M Ohio charge
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- Revenue $2.98B (-8% YoY); GAAP diluted EPS $1.56 reflects $416M Eastern Ohio incident charge.
- Adjusted diluted EPS $2.95 (-14% YoY); adjusted income from railway operations $992M (-22%).
- Eastern Ohio incident total charge $803M in H1 2023; no insurance recoveries recorded yet.
- First six months 2023 revenue $6.112B, net income $822M, diluted EPS $3.60.
- Bylaws amended for Universal Proxy Rules (procedural; not material).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/702165/000155278123000329/0001552781-23-000329-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/702165/000155278123000329/e23326_nsc-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-23-000329

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer