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Stock impact report

Norfolk Southern quarterly profit boosted by U.S. tax law [Reuters]

Norfolk Southern Corporation (NSC) 
Last norfolk southern corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Reuters
Norfolk Southern quarterly profit boosted by U.S. tax law | Reuters Reuters Staff 1 Min Read (Reuters) - Norfolk Southern Corp ( NSC.N ), the fourth-largest U.S. railroad by revenue, reported a rise in quarterly net profit on Wednesday, boosted by the benefits of the new U.S. tax law and growth in commodity volumes. The Norfolk, Virginia-based carrier posted fourth-quarter net income of $3.97 billion, or $13.79 per share, up from $416 million, or $1.42 per share a year earlier. After adjustments for one-time items, the railroad earned $1.69 per share, versus the $1.57 analysts expected. Reporting by Eric M. Johnson in Seattle; Editing by Steve Orlofsky All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved. Norfolk Southern quarterly profit boosted by U.S. tax law (Reuters) - Norfolk Southern Corp ( NSC.N ), the fourth-largest U.S. railroad by revenue, reported a rise in quarterly net profit o Show less Read more
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