Recap: Norfolk Southern Q3 Earnings

Shares of Norfolk Southern NSC were flat in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 2.71% year over year to $2.51, which beat the estimate of $2.38.

Revenue of $2,506,000,000 declined by 11.79% from the same period last year, which missed the estimate of $2,510,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Oct 28, 2020

Time: 08:45 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/7i8nwvcr

Price Action

52-week high: $224.99

Company's 52-week low was at $112.62

Price action over last quarter: Up 7.82%

Company Overview

Class-I railroad Norfolk Southern operates in the Eastern United States. On roughly 21,000 miles of track, the firm hauls shipments of coal (15% of 2019 revenue), intermodal traffic (25%), and a diverse mix of automobile, agriculture, metal, chemical, and forest products.

Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...