Norfolk Southern shares bounced Wednesday, as the railroad operator helped dispel fears about potential tariffs that had caused a selloff in the previous session.
Morgan Brennan sits down with Norfolk Southern CEO Mark George in an exclusive interview to discuss the company's latest earnings report, the state of the economy and industrials and what impact he expects from tariffs.
Norfolk Southern (NSC 1.75%), a prominent player in the freight rail industry, announced its fourth-quarter 2024 results on January 29, 2025. These results surpassed Wall Street expectations, with adjusted earnings per share (EPS) at $3.04, exceeding the forecast of $2.94.
NSC's fourth-quarter 2024 revenues are affected by weakness across its segments.
U.S. railroad operator Norfolk Southern on Wednesday posted a quarterly profit that beat analysts' estimates, helped by cost cuts implemented to improve margins and better-than-expected insurance recoveries related to a costly derailment.
SO demonstrates solid revenue growth and stability, though its high P/E ratio and energy transition challenges may limit stock performance.
SO Subsidiary, Southern Power, is all set to supply renewable energy credit to Keysight Technologies as it advances toward sustainability.
NSC's fourth-quarter 2024 revenues are expected to have been hurt by weakness across its Intermodal and Coal segments.
In the closing of the recent trading day, Southern Co. (SO) stood at $84.73, denoting a +0.99% change from the preceding trading day.
Southern Co. (SO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Southern Company: A Safe Bet With Good Growth Prospects And Reasonable Valuation
I am upgrading shares of The Southern Company due to a modest undervaluation and improved technical situation. Despite rising interest rates and natural disaster risks, SO's solid earnings growth and high dividend yield make it an attractive investment. SO's Q3 results were strong, with EPS beating estimates and revenue growth driven by higher utility revenues and AI demand.