The third quarter financial results of Norfolk Southern Corporation (NYSE: NSC) will be unveiled on Tuesday 22nd October 2024. This eagerly awaited announcement is scheduled to occur before market open.
Wall Street financial experts forecast that the establishment is set to announce an expected $3.11 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $3.09 billion for this particular period.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $2.65. This was credited to the company's total revenue, which reached an impressive $2971 million in that particular timeframe.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $12.24 billion. Additionally, they predict that the earnings per share for the company will hit profit of $11.76 by the end of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $3.06 | +3.7% | 3.04 B | +2.1% |
| Q1 2024 | $2.49 | -25.0% | 3.00 B | -3.1% |
| Q4 2023 | $2.83 | -17.3% | 3.10 B | -4.2% |
| Q3 2023 | $2.65 | -30.3% | 2.97 B | -11.1% |
| Q2 2023 | $2.95 | -14.5% | 2.98 B | -8.3% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 22nd October 2024 at 08:45 AM eastern time to discuss Q3 financial results.
Friday's trading saw Norfolk Southern (NSC) shares hit a low of $247.41 and a high of $253.08, with a day volume of 1.33 million shares. The stock closed the regular trading session at $252.37, showing 1.66 percent gain.
