Norfolk Southern Q4 adjusted earnings per share beat expectations, but demand outlook for this year remains uncertain

Gelonghui, January 29｜Norfolk Southern announced its fourth-quarter results, with revenue down 2% year-on-year to $3.0 billion, in line with market expectations, due to a 4% year-on-year decline in shipping volume; adjusted earnings per share were $3.22, higher than analysts' expectations of $2.77. The company's CEO stated that heading into 2026, the demand environment remains uncertain, but the company is firmly focused on prioritizing the safety of employees and communities, providing consistent customer service, and further improving productivity to control costs in any volume environment.