Alert: New Earnings Report (10/22/24)-Norfolk Southern Corp (NYSE: NSC).

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Norfolk Southern Corp (NYSE: NSC) has reported E.P.S. of $4.85 for its third fiscal quarter (ending September 30) versus $2.11 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $10.67 versus $9.14 for the same period a year ago.

Recent Price Action

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Norfolk Southern Corp (NYSE: NSC) stock closed at $260.43 on 10/22/24 after a large increase of 4.9%. Moreover, this advance was accompanied by exceptionally high trading volume at 211% of normal. The stock has risen 2.6% during the last week and has performed in line with the market over the last nine months.

Current PriceTarget Research Rating

NSC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Norfolk Southern has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Norfolk Southern has a neutral Power Rating of 44 but a poor Appreciation Score of 27, resulting in the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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