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Norfolk Southern Corp (NSC) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates.


RTTNews | Jan 26, 2022 08:05AM EST

08:04 Wednesday, January 26, 2022 (RTTNews.com) - Norfolk Southern Corp (NSC) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $760 million, or $3.12 per share. This compares with $671 million, or $2.64 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $3.04 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.9% to $2.85 billion from $2.57 billion last year.

Norfolk Southern Corp earnings at a glance (GAAP) :

-Earnings (Q4): $760 Mln. vs. $671 Mln. last year.-EPS (Q4): $3.12 vs. $2.64 last year.-Analyst Estimate: $3.04-Revenue (Q4): $2.85 Bln vs. $2.57 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3257404/norfolk-southern-corp-profit-advances-in-q4-beats-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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