Norfolk Southern Stock Rises as Revenue Surge Offsets Margin Compression
Norfolk Southern earnings beat estimates as record revenue, intermodal growth and cost cuts helped lift the stock.
Norfolk Southern made more money than people expected because it sold more stuff and spent less, even though each sale made a bit less profit. When a company beats expectations and grows its business, it's a sign things are working well—watch if they keep growing like this.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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