Norfolk Southern Corp. (NSC) reported first-quarter net income of $450 million, or $1.41 per share, compared to $410 million, or $1.23 per share, in the comparable quarter last year.
On average, 27 analysts polled by Thomson Reuters expected the company to report earnings of $1.17 per share for the quarter. Analysts' estimates typically exclude special items.
Total railway operating revenues for the quarter declined to $2.74 billion from $2.79 billion in the year ago quarter, while twenty one analysts had consensus revenue estimate of $2.78 billion for the quarter.
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