Norfolk Southern: Q3 Earnings Snapshot

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ATLANTA (AP) — ATLANTA (AP) — Norfolk Southern Corp. (NSC) on Tuesday reported third-quarter net income of $1.1 billion.

The Atlanta-based company said it had profit of $4.85 per share. Earnings, adjusted for non-recurring gains, came to $3.25 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.10 per share.

The railroad posted revenue of $3.05 billion in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $3.09 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