Norfolk Southern NSC releases its next round of earnings this Tuesday, July 26, 2011. Here's Benzinga's advanced look at Norfolk Southern's second quarter earnings report.
Earnings and Revenue:
Based on estimates, investors are readying for a positive EPS reading of $1.28 per share and revenues of $2.75 billion. Wall Street will be looking to see how this quarter's numbers compare to the year-ago quarter's positive EPS of $1.04 per share on revenues of $2.43 billion. We'll have to wait for Tuesday to see if Norfolk Southern falls in line with analyst expectations and reports an estimated increase in both EPS and revenue from the year-ago quarter.Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 | Q4 | Q3 | Q2 |
EPS Estimate | $0.90 | $1.04 | $1.09 | $0.99 |
EPS Actual | $0.90 | $1.00 | $1.19 | $1.04 |
Stock Performance:
As of July 20, 2011, Norfolk Southern's current share price was $75.09. Since January 1st, shares of Norfolk Southern have given investors a return of 21%. For a full 12 months, the return has risen by 25.9%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.- Long-term shareholders are already enjoying 12-month gains prior to the announcement
Average Stock Rating:
The average rating by analysts for Norfolk Southern is a Moderate Buy. The strength of this rating has crept upwards over the past three months.Competitors:
Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Norfolk Southern's peers.- Canadian National Railway (USA CNI: Hold with a $0.85 recent quarter EPS
- Canadian Pacific Railway Limited (USA CP: Hold with a $0.19 recent quarter EPS
- CSX CSX: Moderate Buy with a $0.46 recent quarter EPS
- Kansas City Southern KSU: Moderate Buy with a $0.58 recent quarter EPS
Norfolk Southern is in the transportation-rail industry, which has experienced price/earnings growth of 1.1%.
Finally, a description of the company's main areas of operation: Norfolk Southern is engaged in rail transportation of raw materials, intermediate products, and finished goods.
Take Action:
There is your peek into Norfolk Southern's upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap of the announcement. In the meantime, here are some links to explore today.
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