Norfolk Southern Corp Reveals Increase In Q2 Earnings

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

The company's earnings totaled $710 million, or $2.50 per share. This compares with $497 million, or $1.71 per share, in last year's second quarter.

Analysts had expected the company to earn $2.33 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.8% to $2.90 billion from $2.64 billion last year.

Norfolk Southern Corp earnings at a glance:

-Earnings (Q2): $710 Mln. vs. $497 Mln. last year. -EPS (Q2): $2.50 vs. $1.71 last year. -Analysts Estimate: $2.33 -Revenue (Q2): $2.90 Bln vs. $2.64 Bln last year.