---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-23-000413"
form_type: "8-K"
ticker: "NSC"
cik: "0000702165"
company_name: "NORFOLK SOUTHERN CORP"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T12:05:44.572063+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Norfolk Southern Q3 adjusted EPS $2.65 (-35% YoY); $163M Ohio incident charge

## Summary
- Diluted EPS $2.10 GAAP; adjusted $2.65, down 35% vs Q3 2022 $4.10.
- Railway operating revenues $2.97B, down 11% YoY; intermodal -22%, merchandise -7%, coal -8%.
- Q3 includes $163M Eastern Ohio incident charge, net of $25M insurance recovery.
- Income from railway operations $756M GAAP; adjusted $919M, down 28% YoY.
- First nine months 2023 incident costs total $966M; no further third-party recoveries booked.

## SEC filing metadata
- accession: 0001552781-23-000413
- form_type: 8-K
- ticker: NSC
- cik: 0000702165
- company_name: NORFOLK SOUTHERN CORP
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/702165/000155278123000413/0001552781-23-000413-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/702165/000155278123000413/e23426_nsc-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-23-000413
- JSON: https://secwatch.observer/filing/0001552781-23-000413.json
- Plain text: https://secwatch.observer/filing/0001552781-23-000413.txt

## Key facts
- Earnings Releases
  NORFOLK SOUTHERN CORP reported third quarter 2023 results: revenue $3.0 billion, net income $478 million, EPS $2.10.
  - Period: third quarter 2023
  - Revenue: $3.0 billion
  - Net income: $478 million
  - EPS: $2.10
  - Result: reported results
  source text: the safe, reliable, and resilient railroad our customers and shareholders expect, and we have an incredibly bright future.” Third Quarter Summary · Railway operating revenues of $3.0 billion, down $372 million, or 11%, compared to third quarter 2022. · Income from railway operations was $756 million inclusive of a $163 million charge associated with the Eastern Ohio
  evidence_url: https://www.sec.gov/Archives/edgar/data/702165/000155278123000413/0001552781-23-000413-index.htm

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