Norfolk Southern Q2 Adj $3.06 Beats $2.86 Estimate; Reaffirms Full-Year Adjusted Operating Ratio Guidance
Portfolio Pulse from Benzinga Newsdesk
Norfolk Southern (NYSE:NSC) reported Q2 earnings of $3.06 per share, beating the analyst consensus estimate of $2.86 by 6.99%. This represents a 3.73% increase over the same period last year. The company also reaffirmed its full-year adjusted operating ratio guidance.
July 25, 2024 | 8:05 pm
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Norfolk Southern reported strong Q2 earnings of $3.06 per share, surpassing the analyst estimate of $2.86. The company also reaffirmed its full-year adjusted operating ratio guidance, indicating confidence in its financial outlook.
The earnings beat and reaffirmation of full-year guidance are positive indicators for Norfolk Southern's financial health and future performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
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