Norfolk Southern Corp. (NSC) Misses Q3 EPS by 4c
Norfolk Southern Corp. (NYSE: NSC) reported Q3 EPS of $1.79, $0.04 worse than the analyst estimate of $1.83. Revenue for the quarter came in at $3.02 billion versus the consensus estimate of $3.07 billion.
"Norfolk Southern reported another record-setting quarter during which we achieved our best third-quarter results in revenues, operating income, net income, earnings per share, and operating ratio," said CEO Wick Moorman. "Higher traffic volumes along with continued gains in productivity drove these excellent results. We remain focused on ensuring we can support continued demand for freight rail transportation by hiring additional employees, investing in new equipment, and completing capacity projects in order to provide our customers with the freight rail service they expect today and in the future."
For earnings history and earnings-related data on Norfolk Southern Corp. (NSC) click here.
