Last quarter Norfolk Southern (NSC) topped estimates by 11 cents per share, and it is scheduled to report again on Tuesday.

Expectations

Analysts currently expect Norfolk Southern to come in with earnings of $1.53 per share on revenues of $2.95 billion. Estimates range from $1.41 per share to $1.65 per share. Over the past three months, the average estimate has moved up from $1.52.

Stock Movement

Recently, the stock price has been rising Since July 10, 2012 business days the stock has risen $2.81 per share.

Company Fundamental Trends

The company will look to keep the its run of success flowing with earnings announcement, after experiencing income increases the last three quarters. Net income rose 24.5% in the third quarter of the last fiscal year and 19.4% in the fourth quarter of the last fiscal year before increasing again in the first quarter. On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 17.9% in the second quarter of the last fiscal year, 17.6% in the third quarter of the last fiscal year and 16.9% in the fourth quarter of the last fiscal year before increasing again in the first quarter. Stock Ratings

Analysts are bullish on the stock as 15 analysts rate it as a buy and only one analyst rate it as a sell. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Last Quarter's Results

In the first quarter, profit rose 26.2% to $410 million ($1.23 a share) from $325 million (90 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 6.5% to $2.79 billion from $2.62 billion.

Summary

Reporting Period: 2Q

Date of Release: Tuesday, July 24, 2012

EPS: $1.53

Revenue Estimate: $2.95 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)