Norfolk Southern Reports Flat Q1 2026 Revenue and Increased Expenses
Norfolk Southern (NSC) reported flat year-over-year revenue in Q1 2026, driven by mixed market conditions and volume softness in certain segments. Adjusted operating ratio rose to 68.7, up 80 basis points, due to fuel and inflation headwinds, while adjusted EPS declined slightly to $2.65 per share. Volume decreased by 1%, primarily due to intermodal softness and merger-related losses, though offset by growth in chemicals and automotive.
Topics: earnings EPS expenses fuel costs operating ratio revenue segment performance volume