Norfolk Southern Earnings Preview
Portfolio Pulse from Benzinga Insights
Norfolk Southern (NYSE:NSC) is scheduled to release its quarterly earnings report on January 26, 2024. Analysts predict an EPS of $2.87. Investors are looking for an earnings beat and positive guidance for future growth. In the past, stock price reactions to earnings have been relatively muted, with minor changes following the reports. Shares are currently trading at $237.07, with a slight 0.73% decline over the past 52 weeks, indicating a bearish sentiment among long-term shareholders.
January 25, 2024 | 2:01 pm
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NEUTRAL IMPACT
Norfolk Southern is anticipated to report an EPS of $2.87 in the upcoming earnings call. Historical data shows minor stock price fluctuations post-earnings. Long-term shareholders appear bearish with a slight decline in stock value over the past year.
The expected EPS of $2.87 sets a benchmark for Norfolk Southern's performance. Historically, the company's stock price has shown limited reaction to earnings reports, suggesting a potentially neutral short-term impact. However, the importance is rated higher due to the anticipation of future guidance, which could sway investor sentiment. The confidence level is not at the maximum because market reactions can be unpredictable and may not always align with past trends.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100