Norfolk Southern Corporation (NSC, Financial) reported impressive financial results for the first quarter, with revenue reaching $3 billion. This figure surpassed the analysts' consensus estimate of $2.97 billion, highlighting the company's strong operational capabilities.
The railroad company's management credited their team's resilience and dedication for the successful quarter. Despite the challenges posed by a disruptive winter storm season, Norfolk Southern managed to improve its operating ratio and achieve earnings growth. Additionally, the company ensured a consistent service experience, enhancing customer confidence and helping to capture market share.
Norfolk Southern's robust performance underscores its ability to navigate challenging conditions while maintaining a focus on service and operational efficiency. This achievement reflects the company's strategic efforts to strengthen its market position and continue its growth trajectory.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for Norfolk Southern Corp (NSC, Financial) is $263.24 with a high estimate of $290.00 and a low estimate of $174.00. The average target implies an upside of 19.65% from the current price of $220.00. More detailed estimate data can be found on the Norfolk Southern Corp (NSC) Forecast page.
Based on the consensus recommendation from 28 brokerage firms, Norfolk Southern Corp's (NSC, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Norfolk Southern Corp (NSC, Financial) in one year is $254.41, suggesting a upside of 15.64% from the current price of $220. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Norfolk Southern Corp (NSC) Summary page.
