Norfolk Southern (NSC) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared to both the prior quarter and the same period last year. The improvement reflects a reversal of the declining trend seen in earlier quarters.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter increased compared to both the prior quarter and the same period last year. The improvement reflects a reversal of the declining trend seen in earlier quarters.
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
+1.3%
Change from the immediately preceding quarter.
Year-over-year
+2.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.1B
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 |
|---|---|---|
| Sep 30, 2023 | $3B | -11.1% |
| Dec 31, 2023 | $3.1B | -5.1% |
| Mar 31, 2024 | $3B | -4.1% |
| Jun 30, 2024 | $3B | +2.1% |
Revenue performance
The reported revenue direction was upward, with a modest gain from the immediately preceding quarter and a larger increase from the same quarter one year earlier.
Quarterly comparison
Compared with the prior quarter, revenue rose slightly. Versus the same quarter a year ago, revenue was also higher, marking a year-over-year improvement.
What to watch
Monitor whether the revenue growth can be sustained after several quarters of sequential declines.