Norfolk Southern (NSC) Revenue — Quarter Ended Sep 30, 2024
Revenue increased year-over-year and held relatively flat compared to the immediate prior quarter. The company returned to the revenue level seen at the end of the previous fiscal year.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased year-over-year and held relatively flat compared to the immediate prior quarter. The company returned to the revenue level seen at the end of the previous fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.1B
Revenue reported for this quarter.
Quarter-over-quarter
+0.2%
Change from the immediately preceding quarter.
Year-over-year
+2.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.2B
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 |
|---|---|---|
| Dec 31, 2023 | $3.1B | -5.1% |
| Mar 31, 2024 | $3B | -4.1% |
| Jun 30, 2024 | $3B | +2.1% |
| Sep 30, 2024 | $3.1B | +2.7% |
Revenue performance
The reported revenue showed a modest year-over-year improvement, while sequentially it was essentially unchanged.
Quarterly comparison
Compared to the preceding quarter, revenue was nearly stable, and relative to the same quarter one year earlier, revenue was higher. The recent trend indicates a recovery from the lower levels seen in the first half of the fiscal year.
What to watch
Monitor whether revenue can sustain its recent trajectory in the coming months.