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NSC Norfolk Southern Corp

232.32
1.85 (0.80%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Norfolk Southern Corp NYSE:NSC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.85 0.80% 232.32 233.20 230.32 232.64 1,296,310 23:44:30

Norfolk Southern 3Q Earnings Rise

27/10/2021 1:45pm

Dow Jones News


Norfolk Southern (NYSE:NSC)
Historical Stock Chart


From May 2021 to May 2024

Click Here for more Norfolk Southern Charts.

By Matt Grossman

 

Norfolk Southern Corp. Wednesday reported third-quarter earnings of $3.06 a share, compared with $2.22 a share in the year-ago period. Analysts polled by FactSet were expecting earnings of $2.91 a share.

Net income was $753 million, compared with $569 million 12 months ago.

Railway operating revenue rose 14% to $2.85 billion. Revenue per unit also increased by 14%.

Railway operating expenses rose by 3% to $1.7 billion. Excluding an impairment charge in the year-ago quarter, expenses were up by 10%, driven by higher costs from fuel, purchased services and compensation and benefits.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

October 27, 2021 08:30 ET (12:30 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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