Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Neha Panjwani

Norfolk Southern's Quarterly Earnings Preview: What You Need to Know

Atlanta, Georgia-based Norfolk Southern Corporation (NSC) provides rail transportation services. Valued at $56 billion by market cap, the company transports raw materials, intermediate products, and finished goods via interchange with rail carriers. NSC also transports overseas freight through several Atlantic and Gulf Coast ports. The leader in the transportation industry is expected to announce its fiscal third-quarter earnings for 2024 before the market opens on Tuesday, Oct. 22.

Ahead of the event, analysts expect NSC to report a profit of $3.11 per share on a diluted basis, up 17.4% from $2.65 per share in the year-ago quarter. The company missed the consensus estimates in three of the last four quarters while beating on another occasion. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.