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Atlanta, Georgia-headquartered Norfolk Southern Corporation (NSC) is a prominent rail transportation service provider. Valued at $53.4 billion by market cap, Norfolk specializes in the transportation of raw materials, intermediate goods, and finished products, serving key players across the agricultural, consumer, and industrial sectors. In addition to its domestic operations, it also facilitates overseas freight transportation through a network of Atlantic and Gulf Coast ports.
The railroads giant is set to announce its Q4 earnings before the market opens on Wednesday, Jan. 29. Ahead of the event, analysts expect Norfolk to report a non-GAAP profit of $2.97 per share, up nearly 5% from $2.83 per share reported in the year-ago quarter. The company has surpassed Wall Street’s earnings estimates twice over the past four quarters while missing on two other occasions. Its adjusted EPS for the last reported quarter surged 22.6% year-over-year to $3.25, exceeding analysts’ estimates by 4.8%.
