Norfolk Southern (NSC) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $3.52
- EPS estimate
- $3.31
- EPS surprise
- +6.26%
- Revenue surprise
- +3.79%
- Revenue
- $3.5B
- Revenue estimate
- $3.4B
- Reported
- Jul 23, 2026
Norfolk Southern reported Q2 2026 results on July 23, 2026. Earnings per share came in at $3.52, ahead of the $3.31 estimate by 6.26%. Revenue was $3.5 billion, above the $3.4 billion consensus and the highest in the table. Compared with Q2 2025, EPS rose about 7% from $3.29 and revenue grew from $3.1 billion.
The longer record shows a dip and a slow recovery. Annual EPS fell from $13.90 in 2022 to $11.75 in 2023, then edged up to $11.84 in 2024 and $12.50 in 2025. The first two quarters of 2026 add up to $6.17, about 3% more than the same period a year earlier. The EPS high in the table was $4.10 in Q3 2022, and the low was $2.49 in Q1 2024. Over the last 20 quarters, Norfolk Southern topped the EPS estimate 13 times. It has beaten in each of the last four quarters, with the largest beat in Q4 2025, at 16.63%.
Norfolk Southern reported Q3 between October 22 and October 27 in each of the past five years. That points to late October 2026 for the next report. It will show how the third quarter compares with Q3 2025's $3.30 per share.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 23, 2026 | $3.31 | $3.52 | +6.26% | $3.5B | SEC |
| Q1 2026 | Apr 24, 2026 | $2.49 | $2.65 | +6.37% | $3.0B | SEC |
| Q4 2025 | Jan 29, 2026 | $2.76 | $3.22 | +16.63% | $3.0B | SEC |
| Q3 2025 | Oct 23, 2025 | $3.19 | $3.30 | +3.47% | $3.1B | SEC |
| Q2 2025 | Jul 29, 2025 | $3.31 | $3.29 | −0.45% | $3.1B | SEC |
| Q1 2025 | Apr 23, 2025 | $2.66 | $2.69 | +1.02% | $3.0B | SEC |
| Q4 2024 | Jan 29, 2025 | $2.94 | $3.04 | +3.48% | $3.0B | SEC |
| Q3 2024 | Oct 22, 2024 | $3.11 | $3.25 | +4.61% | $3.1B | SEC |
| Q2 2024 | Jul 25, 2024 | $2.86 | $3.06 | +6.92% | $3.0B | SEC |
| Q1 2024 | Apr 24, 2024 | $2.53 | $2.49 | −1.41% | $3.0B | SEC |
| Q4 2023 | Jan 26, 2024 | $2.87 | $2.83 | −1.38% | $3.1B | SEC |
| Q3 2023 | Oct 25, 2023 | $2.69 | $2.65 | −1.33% | $3.0B | SEC |
| Q2 2023 | Jul 27, 2023 | $3.11 | $2.95 | −5.05% | $3.0B | SEC |
| Q1 2023 | Apr 26, 2023 | $3.15 | $3.32 | +5.52% | $3.1B | SEC |
| Q4 2022 | Jan 25, 2023 | $3.44 | $3.42 | −0.50% | $3.2B | SEC |
| Q3 2022 | Oct 26, 2022 | $3.60 | $4.10 | +13.97% | $3.3B | — |
| Q2 2022 | Jul 27, 2022 | $3.47 | $3.45 | −0.52% | $3.3B | — |
| Q1 2022 | Apr 27, 2022 | $2.92 | $2.93 | +0.34% | $2.9B | — |
| Q4 2021 | Jan 26, 2022 | $3.04 | $3.12 | +2.71% | $2.9B | — |
| Q3 2021 | Oct 27, 2021 | $2.91 | $3.06 | +5.17% | $2.9B | — |
Quarterly revenue
Frequently asked questions
When did Norfolk Southern (NSC) last report earnings?
Norfolk Southern last reported on Jul 23, 2026, covering fiscal Q2 2026.
Did NSC beat earnings estimates?
Yes. Norfolk Southern reported EPS of $3.52 for Q2 2026 against a $3.31 estimate — a 6.26% beat.
How much revenue did NSC report last quarter?
Norfolk Southern reported $3.5B in revenue for Q2 2026, against a consensus estimate of $3.4B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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