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2023-01-25 13:06:04

Norfolk Southern Corp Q4 Profit Rises, but misses estimates

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Nasdaq
By Rtt News

(RTTNews) - Norfolk Southern Corp (NSC) released earnings for its fourth quarter that increased from last year but missed the Street estimates.

The company's earnings came in at $790 million, or $3.42 per share. This compares with $760 million, or $3.12 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $3.44 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.7% to $3.24 billion from $2.85 billion last year.

Continue read on nasdaq.com

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