earnings
confidence high
sentiment negative
materiality 0.80
Norfolk Southern Q4 EPS $2.32 (adj. $2.83); full-year EPS $8.02 down 42%
NORFOLK SOUTHERN CORP
2023-FY EPS reported
$8.02
revenue$12,156,000,000
- Q4 revenue $3.1B, down 5% YoY; railway operating income $808M (incl. $150M Ohio incident charge) down 32%.
- Full-year 2023 revenue $12.2B (-5%); adjusted railway operating income $4.0B (-18%); adjusted diluted EPS $11.74 (-15%).
- Eastern Ohio incident total charge $1.1B in 2023, net of $101M insurance recoveries; $150M in Q4.
- Q4 merchandise revenue $1.85B (-1%), intermodal $794M (-13%), coal $430M (-4%).
- Net cash from operations $3.18B vs $4.22B in 2022; capex $2.35B; share repurchases $627M.