Norfolk Southern says it is working off traffic backlog in the Southeast from Hurricane Helene impact [Seeking Alpha]
Norfolk Southern Corporation (NSC)
Last norfolk southern corporation earnings: 4/29 08:00 am
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Source: Seeking Alpha
The rails company said it continues to work through the impacts of Hurricane Helene, which made landfall in the Florida panhandle on September 26. "All of our routes in the southeastern area of our network, including the Southern Appalachians, are in service with the exception of routes east and west of Asheville, NC -- which remain out of service due to historic flooding." Norfolk Southern ( NSC ) said it is currently working off the backlog of traffic in the Southeast, which means that customers with shipments moving through those areas could see delays of 24 to 48 hours. The company said it will provide more updates as they are available. Seeking Alpha Investing Group Leader Leo Nelissen recently backed a Buy rating on Norfolk Southern ( NSC ). He wrote that he expects economic reshoring and efficiency gains to drive strong returns over the long term. Nelissen also pointed to NSC's dividend growth and recovery potential. Notably, both Seeking Alpha analysts and Wall Street a
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NSC
News
- Norfolk Southern Co. (NYSE: NSC) had its price target raised by analysts at Susquehanna from $255.00 to $280.00. They now have a "neutral" rating on the stock.MarketBeat
- Norfolk Southern to announce third quarter 2024 earnings results on October 22, 2024PR Newswire
- NS rail lines from Georgia to West Virginia still down after Helene [Yahoo! Finance]Yahoo! Finance
- Norfolk Southern Co. (NYSE: NSC) had its price target raised by analysts at Royal Bank of Canada from $267.00 to $272.00. They now have an "outperform" rating on the stock.MarketBeat
- Appeal delays $600 million class action settlement payments in fiery Ohio derailment [Yahoo! Finance Canada]Yahoo! Finance Canada
NSC
Earnings
- 7/25/24 - Beat
NSC
Sec Filings
- 10/4/24 - Form 3
- 10/2/24 - Form 4
- 10/2/24 - Form 4
- NSC's page on the SEC website