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0.00887117975681898 0.0182385803483406 0.00049293460400922 0.00969438054551435 0.00049293460400922 0.0187315149523497 0.0198816956950378 0.0157739073282945
Stock impact report

CSX Corp. Announces First Quarter 2020 Financial Results

CSX Corporation (CSX) 
Last csx corporation earnings: 4/22 04:02 pm Check Earnings Report
Company Research Source: GlobeNewswire
JACKSONVILLE, Fla., April 22, 2020 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced first quarter 2020 net earnings of $770 million, or $1.00 per share, versus $834 million, or $1.02 per share in the same period last year. CSX’s operating ratio set a Class I railroad first quarter record of 58.7 percent, improved from 59.5 percent in the prior year. “I am extremely proud of our outstanding CSX employees for keeping the railroad running at such a high level during these unprecedented times and enabling the delivery of critical goods across the country,” said James M. Foote, president and chief executive officer. “Their hard work and dedication over the past few weeks, and throughout our transformation, have put CSX on the strongest footing it has ever been heading into this period of economic uncertainty.” Revenue for the first quarter decreased 5 percent over the prior year to $2.86 billion, as growth in merchandise revenue was more than offset by declines in coal and o Show less Read more
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