Norfolk Southern Corporation (NYSE: NSC) is expected to release earnings results for its first quarter, before the opening bell on Jan. 26, 2024.
Analysts expect the company to report quarterly earnings at $2.87 per share, down from year-ago earnings of $3.42 per share. The company is projected to post revenue of $3.08 billion for the latest quarter, compared to $3.24 billion in the year-earlier quarter, according to data from Benzinga Pro.
Norfolk Southern, during October, reported downbeat earnings for the third quarter. The company 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, below the consensus of $2.69.
Norfolk Southern shares gained 0.3% to close at $237.85 ...