Norfolk Southern reports fourth quarter and full-year 2023 results

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Norfolk Southern (NSC) slips as Wall Street brokers cut rating after earnings miss

January 29, 2024 8:24 AM EST

Norfolk Southern (NYSE: NSC), a major rail freight company, has seen its stock hit with rating downgrades from three Wall Street brokerage firms following an earnings miss.

Analysts pointed out the company's need to catch up with its peers in the rail industry.

Stock slipped 1.8% in pre-market Monday.

Morgan Stanley analyst... More

Norfolk Southern (NSC) Misses Q4 EPS by 4c

January 26, 2024 8:01 AM EST

Norfolk Southern (NYSE: NSC) reported Q4 EPS of $2.83, $0.04 worse than the analyst estimate of $2.87. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.08 billion.

For earnings history and earnings-related data on Norfolk Southern (NSC) click here.

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