A Look at Norfolk Southern's Upcoming Earnings Report

Norfolk Southern (NYSE:NSC) is gearing up to announce its quarterly earnings on Tuesday, 2024-10-22. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Norfolk Southern will report an earnings per share (EPS) of $3.09.

Anticipation surrounds Norfolk Southern's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Past Earnings Performance

In the previous earnings release, the company beat EPS by $0.20, leading to a 10.91% increase in the share price the following trading session.

Here's a look at Norfolk Southern's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

2.86

2.58

2.87

2.69

EPS Actual

3.06

2.49

2.83

2.65

Price Change %

11.0%

2.0%

-2.0%

-0.0%

Market Performance of Norfolk Southern's Stock

Shares of Norfolk Southern were trading at $252.37 as of October 18. Over the last 52-week period, shares are up 27.12%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analysts' Take on Norfolk Southern

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Norfolk Southern.

The consensus rating for Norfolk Southern is Neutral, derived ...