Norfolk Southern Earnings Preview

Published on Monday, 23 January 2012 13:52 Written by Gerard Lerod

New York, January 23rd (TradersHuddle.com) - Shares of Norfolk Southern Corporation (NYSE:NSC) are trading lower by -1.76% ahead of its quarterly earnings release. Norfolk Southern, the railroad operating primarily in the Southeast, East, and Midwest of the United States is expected to release its quarterly results on January 24^th.

Wall Street Analysts consensus calls for a profit of $1.4 a share on $2.84 billion revenue.

Norfolk Southern estimates have a range of $0.09 a share. The high estimate calls for profit of $1.44 a share and the low estimate is calling for a profit of $1.35 a share, a year ago for the quarter the company reported $1 a share.

Norfolk Southern Corporation (NYSE:NSC) provides rail transportation services. The Company transports raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the United States.