Norfolk Southern Corp · Brief

Next report

87 days

Jan 28 · before openest.Q4 FY26

Earnings

Expected move

No implied move.

Implied vs realized

8 reportsHistory

2 of 8≥ implied

avg implied: ±3.6%
avg realized: ±2.2%

Jan 29 '25±3.7%▲+1.75%×0.47

Apr 23 '25±3.7%▲+0.89%×0.24

Jul 29 '25±4.0%▼−3.04%×0.77

Oct 23 '25±2.1%▼−1.17%×0.56

Jan 29 '26±1.7%▲+2.00%×1.17

Q1 FY26±4.3%▼−0.54%×0.13

Q2 FY26±5.1%▲+5.32%×1.05

Q3 FY26±4.6%▲+3.09%×0.67

quarterimplied−10%0+10%realized×

Q3 FY26±4.6%▲+3.09%×0.67

Q2 FY26±5.1%▲+5.32%×1.05

Q1 FY26±4.3%▼−0.54%×0.13

Jan '26±1.7%▲+2.00%×1.17

Oct '25±2.1%▼−1.17%×0.56

Jul '25±4.0%▼−3.04%×0.77

2 older reports

Apr '25±3.7%▲+0.89%×0.24

Jan '25±3.7%▲+1.75%×0.47

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Bull & bear

Jan 28 report · est.

Bull2 of 4

4customers disclosing the company as a supplierSEC filings

10tracked funds holding the companyN-PORT · Aug 31 '26

Bear2 of 4

10 of 24largest reporting managers that cut their stake in the latest quarter13F · Jun 30 '26

74managers holding the large majority of reported value13F · Jun 30 '26

AI captions · Oct 26 '26once per report · top 2 per case

Linked exposure

NSC report session

Customers 2

JBHTJ.B. Hunt Transport Services×0.78 TTAMTitan America×0.65

× = co-movement · max 500dSource: SEC filings · market data

Latest changes

30 daysAll changes

Oct 8impliedImplied move: ±5.3% into Oct 22 earnings (Oct 8 close).Source

Your note

privateThesis 0 · Decisions 0 · Observations 0

No thesis.