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Norfolk Southern Corp Profit Advances In Q4, Beats estimates

Norfolk Southern Corp (NSC) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $760 million, or $3.12 per share. This compares with $671 million, or $2.64 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $3.04 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.9% to $2.85 billion from $2.57 billion last year.

Norfolk Southern Corp earnings at a glance (GAAP) :

-Earnings (Q4): $760 Mln. vs. $671 Mln. last year.
-EPS (Q4): $3.12 vs. $2.64 last year.
-Analyst Estimate: $3.04
-Revenue (Q4): $2.85 Bln vs. $2.57 Bln last year.

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