Norfolk Southern Corp Q1 Income Rises 25%

(RTTNews) - Norfolk Southern Corp (NSC) announced earnings for its first quarter that rose compared to the same period last year.

The company said its bottom line came in at $387 million, or $1.29 per share. This was up from $310 million, or $1.00 per share, in last year's first quarter.

Analysts had expected the company to earn $0.97 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 5.8% to $2.42 billion. This was down from $2.57 billion last year.

Norfolk Southern Corp earnings at a glance:

-Earnings (Q1): $387 Mln. vs. $310 Mln. last year. -Earnings Growth (Y-o-Y): 24.8% -EPS (Q1): $1.29 vs. $1.00 last year. -EPS Growth (Y-o-Y): 29.0% -Analysts Estimate: $0.97 -Revenue (Q1): $2.42 Bln vs. $2.57 Bln last year. -Revenue Change (Y-o-Y): -5.8%