Norfolk Southern (NSC) lowers its Q3 earnings outlook due to declines in certain markets and...

|About: Norfolk Southern Corporation (NSC)|By:, SA News Editor

Norfolk Southern (NSC) lowers its Q3 earnings outlook due to declines in certain markets and lower revenues from fuel surcharges. NSC expects decreased coal and merchandise shipments, offset in part by growth in intermodal volumes, to reduce revenues by ~$120M Q/Q. NSC -5.8% AH, other rails also move lower: CSX -4.8%, KSU -3.5%, UNP -2%.