Norfolk Southern Q3 Adj. EPS $2.65 vs $2.69 Est.
Portfolio Pulse from Benzinga Newsdesk
Norfolk Southern has reported its Q3 adjusted EPS at $2.65, which is slightly lower than the estimated $2.69.
October 25, 2023 | 12:02 pm
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NEGATIVE IMPACT
Norfolk Southern's Q3 adjusted EPS is slightly lower than the estimated $2.69, which may negatively impact investor sentiment.
Earnings per share (EPS) is a key indicator of a company's profitability. Norfolk Southern's lower-than-expected Q3 EPS could lead to a negative market reaction, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100