NSC Earnings Predictions — 2026-07-23

Ticker Report or Guide KPI Prediction Answer Confidence
NSC Report Adj. Operating Ratio (Q2 2026) BEAT pred ~65.8% vs. cons 66.32% MEDIUM
NSC Report Total Revenue (Q2 2026) MISS pred ~$3.28B vs. cons $3.35B MEDIUM
NSC Report Adj. Operating EPS (Q2 2026) MISS pred ~$3.22 vs. cons $3.29 MEDIUM
NSC Guide FY 2026 Cost Envelope (FY 2026) BETTER guide ~$8.2-8.4B vs. cons implied ~$8.6B OpEx HIGH
NSC Guide Q3 2026 OR Sequential (Q3 2026) UNCHANGED guide ~typical improvement vs. cons 65.5% HIGH
NSC Guide Intermodal/Volume Tone (H2 2026) BETTER upgrade to constructive on domestic intermodal vs. prior cautious MEDIUM
NSC Return Day-1 residual (stock − beta × S&P 500) -1.5% MEDIUM
NSC Return 5-day cumulative residual -3.0% (FADE) FADE — sell-side trims Q3/H2 estimates as CSX-extrapolated bar recalibrates to NSC-specific headwinds (merger losses, housing, intermodal service gap) MEDIUM