NORFOLK (dpa-AFX) - Norfolk Southern Corp (NSC) released earnings for its fourth quarter that increased from last year but missed the Street estimates.
The company's earnings came in at $790 million, or $3.42 per share. This compares with $760 million, or $3.12 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $3.44 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 13.7% to $3.24 billion from $2.85 billion last year.
Norfolk Southern Corp earnings at a glance (GAAP) :
-Earnings (Q4): $790 Mln. vs. $760 Mln. last year. -EPS (Q4): $3.42 vs. $3.12 last year. -Analyst Estimate: $3.44 -Revenue (Q4): $3.24 Bln vs. $2.85 Bln last year.
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