Norfolk Southern (NSC) Tops Q4 EPS by 6c
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Norfolk Southern reports fourth-quarter and full-year 2016 results
January 25, 2017 8:00 AM ESTNORFOLK, Va., Jan. 25, 2017 /PRNewswire/ --Â Norfolk Southern Corporation (NYSE: NSC) today reported fourth-quarter and 2016 financial results.
Net income for the quarter was $416 million, a 15 percent increase compared with $361 million during the same period of 2015. Diluted earnings per share were $1.42, up 18 percent compared with $1.20 diluted earnings per share in the fourth quarter last year. Norfolk Southern announced Tuesday that it increased its quarterly dividend to $0.61 per share, reflecting a 2 cent, or 3 percent, increase over the previous quarter's dividend.
For 2016, net income was $1.7 billion, up 7 percent compared with $1.6 billion in 2015. Diluted earnings... More
