Norfolk Southern: Q1 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Norfolk Southern Corp. (NSC) on Wednesday reported first-quarter profit of $53 million.

The Atlanta-based company said it had net income of 23 cents per share. Earnings, adjusted for one-time gains and costs, came to $2.49 per share.

The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.58 per share.

The railroad posted revenue of $3 billion in the period, which also missed Street forecasts. Seven analysts surveyed by Zacks expected $3.03 billion.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on NSC at

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up