Norfolk Southern Corp reports results for the quarter ended December 31 - Earnings Summary

• Norfolk Southern Corp NSC.N reported quarterly adjusted earnings of $3.04​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $2.83. The mean expectation of twenty four analysts for the quarter was for earnings of $2.95 per share. Wall Street expected results to range from $2.84 to $3.25 per share.

• Revenue fell 1.6% to $3.02 billion from a year ago; analysts expected $3.02 billion.

• Norfolk Southern Corp's reported EPS for the quarter was $3.23​.

• The company reported quarterly net income of $733 million.

• Norfolk Southern Corp shares had risen by 7.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.8% in the last three months.​

• In the last 30 days, sixteen analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the ground freight & logistics peer group is also "buy"

Wall Street's median 12-month price target for Norfolk Southern Corp is $281.50

This summary was machine generated from LSEG data January 29 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)