CSX to Outline Plans Targeting a 60 Percent Operating Ratio at 2018 Investor Conference
CSX Corporation (CSX)
Last csx corporation earnings: 4/22 04:02 pm
Check Earnings Report
US:NYSE Investor Relations:
csx.com/index.cfm/investors/news-releases
Company Research
Source: GlobeNewswire
NEW YORK, March 01, 2018 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ:CSX) President and CEO James M. Foote today will outline CSX’s plans to build upon the foundation of the company’s scheduled railroading model, increase efficiency, control costs, grow the business and target a 60 percent operating ratio by 2020. “Our continued focus on service and efficiency improvements have helped generate momentum in our effort to create a better product offering for customers and strong financial returns for shareholders,” said Foote. “While our scheduled operating model has already produced significant operational and financial benefits, substantial opportunities exist to further optimize the network, leverage excess capital, create savings and grow our franchise.” Highlights of CSX’s Financial Targets Full-year operating ratio of 60 percent by 2020Revenue growth at a compound annual rate of 4% in 2019 and 2020Average annual capital expenditures of $1.6 billion through 2020Cumulative free
Show less
Read more
Impact Snapshot
Event Time:
CSX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CSX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CSX alerts
High impacting CSX Corporation news events
Weekly update
A roundup of the hottest topics
CSX
News
- Canadian Pacific KC (CP) Q1 Earnings Lag Estimates, Up Y/Y [Yahoo! Finance]Yahoo! Finance
- CSX Announces 2024 Customer Environmental Excellence Award WinnersGlobeNewswire
- CSX Corporation (NASDAQ:CSX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- CSX: Volume Trending In The Right Direction [Seeking Alpha]Seeking Alpha
- CSX Q1 Earnings & Revenues Surpass Estimates, Down Y/Y [Yahoo! Finance]Yahoo! Finance
CSX
Earnings
- 4/17/24 - Beat
CSX
Sec Filings
- 4/18/24 - Form 10-Q
- 4/17/24 - Form 8-K
- 4/2/24 - Form 4
- CSX's page on the SEC website