Norfolk Southern Corp
NSC: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$485.00 | Brcn | Kwvhxwlb |
Norfolk Southern Earnings: Network Productivity Efforts Are Gaining Good Traction
Eastern Class-I railroad Norfolk Southern’s second-quarter top line swung positive, rising 2% year over year on higher volumes, led by international intermodal recovery, partly offset by mix headwinds and lower benchmark coal pricing, which pressured yields. Revenue was modestly below our anticipated run rate as coal fell more than we expected and domestic intermodal pricing remained depressed due to persistent truckload-sector competition.