Norfolk Southern Reports Mixed Q4 Results, Beating EPS Estimates
ATLANTA, GA - Norfolk Southern Corporation (NSC) announced its fourth-quarter financial results on Wednesday, with net income reaching $733 million or $3.23 per share. Adjusted earnings were $3.04 per share, surpassing analysts' consensus estimate of $2.95 per share as reported by Zacks Investment Research.
However, revenue for the quarter fell short of expectations, amounting to $3.02 billion compared to the anticipated $3.03 billion. For the full year, NSC recorded a profit of $2.62 billion ($11.57 per share) on revenue of $12.12 billion.