Norfolk Southern Earnings Preview: Can This Streak Continue?

Norfolk Southern (NYSE:NSC) will report earnings after markets close on Tuesday, April 23rd. Norfolk Southern Corporation provides rail transportation services. The Company transports raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the United States. Norfolk Southern also transports overseas freight through several Atlantic and Gulf Coast ports

Here is your Cheat Sheet to Norfolk Southern Earnings:

Earnings Expectations: Analysts expect earnings of $1.17 per share on revenues of $2.77 billion. Currently, the company’s P/E ratio stands at 13.76.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.52 to a profit $1.51. For the current year, the average estimate is a profit of $5.55, which is the same as the estimate ninety days ago.

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Earnings Trends:

Here’s how Norfolk Southern has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 10,660 7,969 9,516 11,170 11,040
Diluted EPS ($) 4.52 2.76 4.00 5.45 5.37

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 2,797 2,789 2,874 2,693 2,684
Diluted EPS ($) 1.40 1.23 1.60 1.24 1.30

Past Performance:
Norfolk Southern has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)