Norfolk Southern: 4Q Earnings Snapshot

NORFOLK, Va. (AP) _ Norfolk Southern Corp. (NSC) on Wednesday reported fourth-quarter net income of $666 million.

On a per-share basis, the Norfolk, Virginia-based company said it had profit of $2.55.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.29 per share.

The railroad posted revenue of $2.69 billion in the period, which met Street forecasts.

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For the year, the company reported profit of $2.72 billion, or $10.25 per share. Revenue was reported as $11.3 billion.

Norfolk Southern shares have risen 5.5% since the beginning of the year, while the Standard & Poor’s 500 index has climbed slightly more than 1%. The stock has increased 24% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NSC at https://www.zacks.com/ap/NSC

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