Norfolk Southern Earnings: Driving Past Wall Street Analyst Estimates

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Norfolk Southern Corp. (NYSE:NSC) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 0.19%.

Start 2013 better than ever by saving time and making money with your Limited Time Offer for our highly-acclaimed Stock Picker Newsletter. Click here for our fresh Feature Stock Pick now!

Norfolk Southern Corp. Earnings Cheat Sheet

Results: Net income decreased -13.96% to $413 million ($1.3 per diluted share) in the quarter versus a net gain of $480 million in the year-earlier quarter.

Revenue: Decreased 4.18% to $2.68 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Norfolk Southern Corp. reported adjusted net income of $1.3 per share. By that measure, the company beat the mean analyst estimate of $1.19. It beat the average revenue estimate of $2.67 billion.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business