Norfolk Southern: Q4 Earnings Snapshot
Business News
Wed, Jan 26, 2022 8:12 AM
Automated Insights
ATLANTA (AP) _ Norfolk Southern Corp. (NSC) on Wednesday reported fourth-quarter earnings of $760 million.
On a per-share basis, the Atlanta-based company said it had profit of $3.12.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.04 per share.
The railroad posted revenue of $2.85 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $2.79 billion.
For the year, the company reported profit of $3.01 billion, or $12.11 per share. Revenue was reported as $11.14 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NSC at https://www.zacks.com/ap/NSC