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Norfolk Southern Corporation (NSC), headquartered in Atlanta, Georgia, engages in the rail transportation of raw materials, intermediate products, and finished goods. Valued at $53.04 billion by market cap, the company delivers more than 7 million carloads annually, from agriculture to consumer goods. NSC originates more automotive traffic than any other Class I Railroad, with connections to every major container port on the Atlantic coast as well as major ports in the Gulf of Mexico and Great Lakes. The leading rail transport services provider is expected to announce its fiscal second-quarter earnings for 2024 after the market closes on Thursday, Jul. 25.
Ahead of the event, analysts expect NSC to report a profit of $2.86 per share on a diluted basis, down 3.1% from $2.95 per share in the year-ago quarter. The company has missed Wall Street’s EPS estimates in its last four quarterly reports.
