NSC - Norfolk Southern Analysts Cut Their Forecasts After Earnings Miss | Benzinga
Norfolk Southern Corp (NYSE: NSC) reported downbeat earnings for the third quarter.
Norfolk Southern reported a third-quarter FY23 railway operating revenue decline of 11% year-over-year to $2.97 billion, beating the consensus of $2.95 billion. Adjusted EPS was $2.65 (-35% Y/Y), below the consensus of $2.69.
Norfolk Southern shares rose 0.1% to trade at $186.05 on Thursday.
These analysts made changes to their price targets on Norfolk Southern following earnings announcement.
- Barclays cut the price target on Norfolk Southern from $215 to $205. Barclays analyst Brandon ...