Norfolk Southern (NSC) Revenue — Quarter Ended Mar 31, 2024
Revenue declined in the quarter. This was lower than both the immediately preceding quarter and the same quarter a year earlier.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue declined in the quarter. This was lower than both the immediately preceding quarter and the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
-2.2%
Change from the immediately preceding quarter.
Year-over-year
-4.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$12B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $3B | -8.3% |
| Sep 30, 2023 | $3B | -11.1% |
| Dec 31, 2023 | $3.1B | -5.1% |
| Mar 31, 2024 | $3B | -4.1% |
Revenue performance
The company reported a decrease in revenue compared to the previous quarter, as well as a decline relative to the same period last year.
Quarterly comparison
Compared to the prior quarter, revenue fell, and it was also below the level from one year ago.
What to watch
Revenue has been lower than the year-ago period for multiple consecutive quarters.