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Norfolk Southern (NSC)
NYSE:NSC
US Market
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Norfolk Southern (NSC) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Jan 28, 2026
Before Open (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
2.92
Last Year’s EPS
3.04
Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Oct 23, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call reflected a mix of positive operational efficiencies and safety improvements, offset by significant revenue shortfalls and competitive pressures affecting overall performance. While there are strong internal improvements and future opportunities tied to the proposed merger, current challenges related to competition and market conditions weigh heavily on the outlook.
Company Guidance
During the Norfolk Southern Third Quarter 2025 Earnings Conference Call, the company highlighted several key metrics and guidance points. Norfolk Southern's adjusted operating ratio for the quarter was 63.3%, with earnings per share at $3.30. The company achieved a 2% year-over-year growth in both revenue and revenue per unit (RPU), despite flat overall volume and a 4% increase in gross ton-miles (GTMs). Merchandise volume increased by 6%, driven by growth in auto, chemical, and metals markets, while intermodal volumes decreased by 2%, and coal RPU declined by 7% due to weaker seaborne coal prices. The company noted improvements in safety, with a 27.7% improvement in train accident ratio and a 7.8% improvement in the FRA personal injury ratio year-to-date. Despite these advancements, Norfolk Southern faced challenges, including macroeconomic headwinds and competitive pressures related to a merger announcement, which impacted revenue expectations by approximately $75 million. Looking forward, the company anticipates continued revenue challenges but is focused on maintaining a cost structure in the $2 billion to $2.1 billion range for the fourth quarter while targeting $600 million in cumulative productivity gains by 2026.
Safety and Service Improvements
Train accident and employee injury rates continue to improve with a 7.8% improvement in FRA personal injury ratio and a 27.7% improvement in train accident ratio year-to-date compared to 2024.
Operational Efficiency Gains
Fuel efficiency attained a new quarterly record with a 5% year-over-year gain, and operational metrics improved, such as a 26% reduction in Amtrak host delays and a 19% reduction in recrews.
Merchandise Volume Growth
Volume grew 6% year-over-year in merchandise markets, driven by auto, chemical, and metals and construction markets.
Record Quarterly Fuel Efficiency
Achieved an all-time quarterly fuel efficiency record of 1.01, representing a 5% year-over-year gain.

Norfolk Southern (NSC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

NSC Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jan 28, 2026
2025 (Q4)
2.92 / -
3.04
Oct 23, 2025
2025 (Q3)
3.19 / 3.30
3.251.54% (+0.05)
Jul 29, 2025
2025 (Q2)
3.31 / 3.29
3.067.52% (+0.23)
Apr 23, 2025
2025 (Q1)
2.66 / 2.69
2.498.03% (+0.20)
Jan 29, 2025
2024 (Q4)
2.94 / 3.04
2.837.42% (+0.21)
Oct 22, 2024
2024 (Q3)
3.11 / 3.25
2.6522.64% (+0.60)
Jul 25, 2024
2024 (Q2)
2.86 / 3.06
2.953.73% (+0.11)
Apr 24, 2024
2024 (Q1)
2.53 / 2.49
3.32-25.00% (-0.83)
Jan 26, 2024
2023 (Q4)
2.87 / 2.83
3.42-17.25% (-0.59)
Oct 25, 2023
2023 (Q3)
2.69 / 2.65
4.1-35.37% (-1.45)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

NSC Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 23, 2025
$282.47$279.16-1.17%
Jul 29, 2025
$283.66$275.03-3.04%
Apr 23, 2025
$216.56$218.48+0.89%
Jan 29, 2025
$247.04$251.37+1.75%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Norfolk Southern (NSC) report earnings?
Norfolk Southern (NSC) is schdueled to report earning on Jan 28, 2026, Before Open (Confirmed).
    What is Norfolk Southern (NSC) earnings time?
    Norfolk Southern (NSC) earnings time is at Jan 28, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is NSC EPS forecast?
          NSC EPS forecast for the fiscal quarter 2025 (Q4) is 2.92.

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