Norfolk Southern Corp Announces Advance In Q2 Earnings

(RTTNews) - Norfolk Southern Corp (NSC) reported a profit for its second quarter that advanced from the same period last year.

The company's profit came in at $722 million, or $2.70 per share. This compares with $710 million, or $2.50 per share, in last year's second quarter.

Analysts had expected the company to earn $2.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.0% to $2.93 billion from $2.90 billion last year.

Norfolk Southern Corp earnings at a glance:

-Earnings (Q2): $722 Mln. vs. $710 Mln. last year. -EPS (Q2): $2.70 vs. $2.50 last year. -Analysts Estimate: $2.79 -Revenue (Q2): $2.93 Bln vs. $2.90 Bln last year.