Norfolk Southern Corp's (NSC) performance has varied recently, with many instances of underperforming compared to competitors, yet some strong trading days. Activist Ancora won three seats on the NSC board, but the CEO retains his position. NSC's Q2 and Q3 earnings beat estimates with a 22% year-on-year improvement in Q3. Citigroup upgraded Norfolk Southern and the company has continued to drive shareholder value despite a tough freight market. The stock stays a 'moderate buy' recommendation by analysts. NSC's dividend stands at $1.35, and customers invested $3.1B along its network in 2023.
Norfolk Southern Corp NSC News Analytics from Wed, 08 Nov 2023 08:00:00 GMT to Thu, 09 May 2024 13:26:54 GMT -
Rating 1
