U.S. COMPANY FILING
NORFOLK SOUTHERN CORP — Form 10-Q filed 2026-04-24
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Norfolk Southern reported Q1 2026 net income of $547 million, down 27% YoY, with EPS of $2.43. Railway operating revenues were $2,998 million, flat. Operating expenses rose due to merger-related costs of $52 million and Eastern Ohio incident charges of $10 million (vs. $185 million benefit last year). Share repurchases suspended due to Union Pacific merger. Final settlement payment of $285 million for East Palestine incident made in March 2026.
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