Norfolk Southern Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Norfolk Southern (NYSE:NSC) will unveil its latest earnings tomorrow, Tuesday, January 22, 2013. Norfolk Southern is engaged in rail transportation of raw materials, intermediate products, and finished goods.

Norfolk Southern Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of $1.19 per share, a decline of 14.4% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from $1.34. Between one and three months ago, the average estimate moved down. It also has dropped from $1.20 during the last month. For the year, analysts are projecting profit of $5.27 per share, a rise of 0.6% from last year.

Past Earnings Performance: Last quarter, the company reported net income of $1.24 per share versus a mean estimate of profit of. The company has beaten estimates for the past three quarters.

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A Look Back: In the third quarter, profit fell 27.4% to $402 million ($1.24 a share) from $554 million ($1.59 a share) the year earlier, but exceeded analyst expectations. Revenue fell 6.8% to $2.69 billion from $2.89 billion.

Here’s how Norfolk Southern traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: