Norfolk Southern (NSC) Rivals On Watch After Warning
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Norfolk Southern (NYSE: NSC) rivals are on watch after a warning from the company.
The company sees third quarter 2012 earnings in the range of $1.18 to $1.25 per diluted share, below the consensus of $1.64. They cited volume declines in certain markets and lower revenues from fuel surcharges
Rivals:
Union Pacific Corporation (NYSE: UNP), Kansas City Southern (NYSE: KSU), CSX Corp. (NYSE: CSX), Canadian Pacific Railway (NYSE: CP), Canadian National Railway (NYSE: CNI), Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) (owns Burlington Northern).
The company sees third quarter 2012 earnings in the range of $1.18 to $1.25 per diluted share, below the consensus of $1.64. They cited volume declines in certain markets and lower revenues from fuel surcharges
Rivals:
Union Pacific Corporation (NYSE: UNP), Kansas City Southern (NYSE: KSU), CSX Corp. (NYSE: CSX), Canadian Pacific Railway (NYSE: CP), Canadian National Railway (NYSE: CNI), Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) (owns Burlington Northern).
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