logo
  

Norfolk Southern Corp Q2 Profit misses estimates

Norfolk Southern Corp (NSC) released earnings for second quarter that missed the Street estimates.

The company's bottom line totaled $819 million, or $3.45 per share. This compares with $819 million, or $3.28 per share, in last year's second quarter.

Analysts on average had expected the company to earn $3.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 16.1% to $3.25 billion from $2.80 billion last year.

Norfolk Southern Corp earnings at a glance (GAAP) :

-Earnings (Q2): $819 Mln. vs. $819 Mln. last year.
-EPS (Q2): $3.45 vs. $3.28 last year.
-Analyst Estimates: $3.47
-Revenue (Q2): $3.25 Bln vs. $2.80 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT