Categories Earnings

Norfolk Southern Corp. (NSC): Q3 2019 Earnings Snapshot

– 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.

We’re on Flipboard! Follow us to receive the latest stock market, earnings, and financial news at your fingertips

Most Popular

PayPal Holdings (PYPL) Q1 2021 revenue up 31%; earnings beat

PayPal Holdings Inc. (NASDAQ: PYPL) reported stronger-than-expected earnings and revenues for the first quarter of 2021. Shares of the payment service provider gained during Wednesday’s extended trading session soon after

Infographic: How Twilio (TWLO) performed in Q1 2021

Twilio (NYSE: TWLO) reported first quarter 2021 earnings results today. Revenue increased 62% year-over-year to $590 million. GAAP net loss widened to $206 million, or $1.24 per share, compared to

Uber Technologies reports Q1 loss of 6 cents per share: Infographic

Uber Technologies (NYSE: UBER) reported first-quarter 2021 financial results after the regular market hours on Wednesday. The ride-hailing company reported Q1 revenue excluding the UK accrual of $3.5 billion, up

Add Comment
Viewing Highlight