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Norfolk Southern: Q3 Earnings Snapshot
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ATLANTA (AP) — ATLANTA (AP) — Norfolk Southern Corp. (NSC) on Thursday reported third-quarter profit of $759 million.

On a per-share basis, the Atlanta-based company said it had net income of $3.37. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to $3.62 per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.48 per share.

The railroad posted revenue of $3.53 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $3.46 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NSC at https://www.zacks.com/ap/NSC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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