Norfolk Southern rises on quarterly profit beat amid strong freight demand

By Reuters News

** Norfolk Southern NSC.N shares rise ~1.5% to $333.3

** Co beats Wall Street estimates for Q3 adjusted profit, benefitting from strong freight demand, despite higher fuel costs that were largely recovered through surcharges

** Reports Q3 adjusted profit of $3.62 per share, compared with $3.30 per share a year earlier

** Analysts expected an adjusted profit of $3.47 per share - data compiled by LSEG

** The railroad operator's Q3 operating income jumped 12.9% to $3.5 billion from a year earlier

** Including session's moves, stock up ~16% YTD

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