Last quarter Norfolk Southern (NYSE:NSC) topped estimates by 11 cents per share, and it is scheduled to report again on Tuesday.
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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.
Recently, the stock price has been rising Since July 10, 2012 business days the stock has risen $2.81 per share.
Company Fundamental Trends
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.
Reporting Period: 2Q
Date of Release: Tuesday, July 24, 2012
Revenue Estimate: $2.95 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)