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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 |
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.
1 Year Norfolk Southern Chart |
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