CNA Financial earnings estimates cut as SCS Capital buys Norfolk Southern shares

Zacks Research has lowered its third-quarter 2026 earnings per share (EPS) estimates for CNA Financial Corporation. The new forecast anticipates $1.19 per share, a decrease from the previous estimate of $1.21. The firm maintains a “Hold” rating on the insurance provider.

In separate institutional activity, SCS Capital Management LLC established a new position in Norfolk Southern Corporation. During the second quarter, the fund acquired 43,986 shares of the railroad operator, a transaction valued at approximately $13,837,000. Other hedge funds, including Brighton Jones LLC and Intech Investment Management LLC, have also recently modified their holdings in the company.