Norfolk Southern (NSC) PT Raised to $285 at Susquehanna

Norfolk Southern (NSC) PT Raised to $285 at Benchmark

October 23, 2024 7:26 AM EDT

Benchmark analyst Nathan Martin raised the price target on Norfolk Southern (NYSE: NSC) to $285.00 (from $270.00) while maintaining a Buy rating.

The analyst comments "Maintain Buy. Norfolk Southern (NSC) reported 3Q adjusted EPS of $3.25, beating our estimate and the consensus of $3.11 as lower... More

Norfolk Southern (NSC) PT Raised to $282 at RBC Capital

October 23, 2024 6:54 AM EDT

RBC Capital analyst Walter Spracklin raised the price target on Norfolk Southern (NYSE: NSC) to $282.00 (from $272.00) while maintaining a Outperform rating.

The analyst comments "We view NSC results as important for two reasons: 1) on an absolute basis, the operating results demonstrate the company's... More

Norfolk Southern (NSC) PT Raised to $309 at UBS

October 23, 2024 6:33 AM EDT

UBS analyst Thomas Wadewitz raised the price target on Norfolk Southern (NYSE: NSC) to $309.00 (from $289.00) while maintaining a Buy rating.

The analyst comments "Strong cost side performance from NSC translated to upside 3Q EPS of $3.25/share vs our estimate and Consensus of... More

Norfolk Southern (NSC) PT Raised to $285 at Jefferies

October 22, 2024 4:40 PM EDT

Jefferies analyst Stephanie Moore raised the price target on Norfolk Southern (NYSE: NSC) to $285.00 (from $280.00) while maintaining a Buy rating.

The analyst comments "3Q EPS beat by 4.5% as adj. OR of 63.4% came in 130bps better than expected despite headwinds related to port strikes... More

Norfolk Southern (NSC) PT Raised to $290 at Barclays

October 22, 2024 4:08 PM EDT

Barclays analyst Brandon Oglenski raised the price target on Norfolk Southern (NYSE: NSC) to $290.00 (from $275.00) while maintaining a Overweight rating.

The analyst comments "Stronger 3Q outcome a relatively favorable transport print so far this results season; while 4Q margins will be... More

Norfolk Southern (NSC) PT Raised to $302 at Citi

October 22, 2024 2:17 PM EDT

Citi analyst Ariel Rosa raised the price target on Norfolk Southern (NYSE: NSC) to $302.00 (from $294.00) while maintaining a Buy rating.

The analyst comments "NSCs 3Q adj. EPS was up 23% y-y to $3.25, beating our/Street estimates by 10c/14c. The strong results were driven... More

Norfolk Southern (NSC) PT Raised to $248 at CFRA

October 22, 2024 11:51 AM EDT

CFRA analyst Emily Nasseff Mitsch raised the price target on Norfolk Southern (NYSE: NSC) to $248.00 (from $245.00) while maintaining a Hold rating.

The analyst comments "We lift our 12-month target by $3 to $248 on a forward P/E of 18.3x our 2025 EPS estimate, in... More

Norfolk Southern posts upbeat quarterly results on improving rail service, volumes

October 22, 2024 9:42 AM EDT

(Reuters) - U.S. railroad operator Norfolk Southern reported third-quarter profit and revenue above Wall Street estimates on Tuesday, helped by strength in its merchandise and intermodal segments.

Shares of the company rose 3.6% in early trading.

Improving intermodal volumes, higher-than-inflation pricing and a better operating ratio have helped the railroad shield profitability even as the freight industry continues to go through a downturn.

Atalanta, Georgia-based... More

Norfolk Southern (NSC) Tops Q3 EPS by 14c

October 22, 2024 8:05 AM EDT

Norfolk Southern (NYSE: NSC) reported Q3 EPS of $3.25, $0.14 better than the analyst estimate of $3.11. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.08 billion.

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

... More

Norfolk Southern (NSC) Reaches Tentative Collective Bargaining Agreement with International Brotherhood of Electrical Workers

October 21, 2024 11:06 AM EDT

Norfolk Southern Corporation (NYSE: NSC) announced today that it has reached a tentative five-year collective bargaining agreement with the International Brotherhood of Electrical Workers (IBEW). The most recent agreement pushes the coverage of the union workforce under early tentative deals to approximately 67%.

The agreement, which is subject to ratification, arrives in advance of the next collective bargaining round, providing covered employees with assurances that they will receive significant upcoming improvements to their pay,... More