– 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
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
