Norfolk Southern (NSC) Tops Q3 EPS by 2c

Norfolk Southern (NYSE: NSC) reported Q3 EPS of $1.47, $0.02 better than the analyst estimate of $1.45. Revenue for the quarter came in at $2.71 billion versus the consensus estimate of $2.72 billion.

"Norfolk Southern's third-quarter results reflect commodities markets that continue to soften, as well as costs associated with restructuring initiatives to strengthen our company going forward. These pressures will linger in the fourth quarter, while traffic volume to date continues to lag last year. However, looking ahead to 2016, we are confident that with a reasonably stable economy and our own intense focus on service, returns, and growth, we are poised for better results," said Chairman, President and CEO James A. Squires.

For earnings history and earnings-related data on Norfolk Southern (NSC) click here.

You May Also Be Interested In

• Norfolk Southern (NSC) corrects Ancora's false and misleading statements
• Park National Corp. (PRK) Tops Q1 EPS by 36c
• Safe & Green (SGBX) Provides Update on Audit and Planned 10-K Filing