NORFOLK (dpa-AFX) - Norfolk Southern Corp (NSC) reported earnings for its second quarter that Increased from last year but missed the Street estimates.
The company's earnings totaled $768 million, or $3.41 per share. This compares with $737 million, or $3.25 per share, last year.
Excluding items, Norfolk Southern Corp reported adjusted earnings of $741 million or $3.29 per share for the period.
Analysts on average had expected the company to earn $3.30 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.2% to $3.110 billion from $3.044 billion last year.
Norfolk Southern Corp earnings at a glance (GAAP) :
-Earnings: $768 Mln. vs. $737 Mln. last year. -EPS: $3.41 vs. $3.25 last year. -Revenue: $3.110 Bln vs. $3.044 Bln last year.
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