Norfolk Beats On Higher Rev
Norfolk Southern Corp. (NYSE:NSC), one of the leading U.S. railroad companies reported first quarter adjusted earnings of $1.13 per share that surpassed the Zacks Consensus Estimate by a penny and rose 25.6% from 90 cents in the year-ago quarter. The year-over-year growth was driven by higher revenue, particularly from general merchandise and intermodal that compensated [...]
Norfolk Southern Corp. (NYSE:NSC), one of the leading U.S. railroad companies reported first quarter adjusted earnings of $1.13 per share that surpassed the Zacks Consensus Estimate by a penny and rose 25.6% from 90 cents in the year-ago quarter. The year-over-year growth was driven by higher revenue, particularly from general merchandise and intermodal that compensated for the subdued Coal results.
Adjusted earnings for the quarter excluded the impacts of $58 million (or 10 cents) related to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards