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Stock impact report

Norfolk Southern starts 2026 with 27% profit drop, insurance for Ohio derailment uncollected [Yahoo! Finance]

Norfolk Southern Corporation (NSC) 
Last norfolk southern corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
According to the company's latest earnings report, the first quarter of 2026 saw a 27% decrease in profits due to adjustments related to the East Palestine derailment in 2023 in Ohio. Expenses related to Norfolk Southern's planned merger with Union Pacific also contributed to decreases in profit, the company said. In a statement with the earnings report, Mark Georgia, Norfolk Southern president and CEO, said conditions for the company were getting better. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks ] “In the first quarter, our team stayed focused on what we could control, operating with discipline amid volatile volumes, severe winter weather, and a rapidly shifting macroeconomic environment including the dramatic rise in fuel prices in March,” George said. “Despite these challenges, our employees safely delivered a solid service product, managed costs effectively, and earned the continued trust of our customers. As conditions improved, we captured momentum exiti Show less Read more
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