– Transportation firm Norfolk Southern Corporation (NYSE: NSC) reported earnings of $2.49 per share for the third quarter of 2019, vs. $2.58 per share expected.
– Net income was $657 million, including a $32 million write-off of receivables resulting from a legal dispute
– Railway operating revenues dropped 4% annually to $2.8 billion, vs. $2.85 billion expected
– Raised quarterly dividend by 9% from $0.86 to $0.94 per share
– Operating ratio for the quarter was 64.9%, the highest in any third quarter
– Norfolk Southern stock climbed to an all-time high in July, after gaining steadily since the beginning of 2019. The shares closed the last trading session higher.
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
