secwatch.observer — SEC 8-K summary
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Issuer:     NORFOLK SOUTHERN CORP (NSC)
CIK:        0000702165
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0001552781-23-000413
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/702165/000155278123000413/0001552781-23-000413-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/702165/000155278123000413/e23426_nsc-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-23-000413

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