Norfolk Southern Q1 revenue flat, profit falls on higher fuel costs

Norfolk Southern

24/04/2026 13:09

Overview

U.S. freight rail operator's Q1 revenue was flat yr/yr, meeting analyst expectations

Adjusted EPS for Q1 beat analyst expectations

Company cites disciplined execution amid volatile volumes and rising fuel prices

Outlook

Company did not provide specific guidance for the current quarter or full year in its press release

Result Drivers

VOLUME DECLINE - Co said Q1 revenue was flat as a 1% decline in volumes was offset by other factors

FUEL PRICE IMPACT - Co cited a dramatic rise in fuel prices in March as a challenge during the qtr

COST CONTROL - Co said it managed costs effectively and focused on disciplined execution amid challenging conditions

Company press release: ID:nPnbj0r9Na

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Railway Operating Revenue
Meet
$3 bln
$3 bln (16 Analysts)
Q1 Adjusted EPS
Beat
$2.65
$2.51 (20 Analysts)
Q1 EPS
$2.43


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 16 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the ground freight & logistics peer group is "buy."

Wall Street's median 12-month price target for Norfolk Southern Corp is $313.00, about 2.6% below its April 23 closing price of $321.44

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 22 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)