(RTTNews) - Norfolk Southern Corp (NSC) revealed earnings for third quarter that decreased from the same period last year.
The company's profit came in at $657 million, or $2.49 per share. This compares with $702 million, or $2.52 per share, in last year's third quarter.
Analysts had expected the company to earn $2.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 3.7% to $2.84 billion from $2.95 billion last year.
Norfolk Southern Corp earnings at a glance:
-Earnings (Q3): $657 Mln. vs. $702 Mln. last year. -EPS (Q3): $2.49 vs. $2.52 last year. -Analysts Estimate: $2.58 -Revenue (Q3): $2.84 Bln vs. $2.95 Bln last year.
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