Norfolk Southern Corp Beats 4Q Earnings Expectations
January 29 2020 - 8:44AM
Dow Jones News
By Amber Burton
Norfolk Southern Corp. (NSC) reported slightly lower earnings in
the latest quarter but beat analysts' expectations for
earnings.
The railroad company said its fourth-quarter earnings were $666
million, or $2.55 a share, compared with $702 million, or $2.57 a
share a year earlier.
Analysts polled by FactSet were expecting earnings of $2.30 a
share.
Total revenue was $2.69 billion, down from $2.89 billion from a
year earlier. Analysts were expecting revenue of $2.7 billion.
Write to Amber Burton at amber.burton@wsj.com
(END) Dow Jones Newswires
January 29, 2020 08:29 ET (13:29 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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