Norfolk Southern Tops EPS Forecast

Norfolk Southern (NYSE:NSC), a prominent player in the freight rail industry, announced its fourth-quarter 2024 results on January 29, 2025. These results surpassed Wall Street expectations, with adjusted earnings per share (EPS) at $3.04, exceeding the forecast of $2.94. Revenue for the quarter was $3.0 billion, slightly under the estimated $3.014 billion. The quarter was marked by a substantial improvement in the operating ratio, dropping to 62.6% from 73.7% a year ago, reflecting strong cost efficiency.Source: Analyst estimates for the quarter provided by FactSet.Norfolk Southern is a major American freight transportation company that operates a rail network across the eastern United States. It chiefly focuses on transporting goods like merchandise, intermodal (freight containers that can be transferred by ship, road, or rail without unloading the contents), and coal. Merchandise contributes the largest share to its revenue, comprising 61% of total railway operating revenue. Intermodal and coal account for 25% and 14% respectively.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool