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Stock impact report

CSX Corporation Announces Fourth Quarter and Full-Year 2017 Earnings

CSX Corporation (CSX) 
Last csx corporation earnings: 4/22 04:02 pm Check Earnings Report
Company Research Source: GlobeNewswire
JACKSONVILLE, Fla., Jan. 16, 2018 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ:CSX) today announced fourth quarter 2017 net earnings of $4.1 billion, or $4.62 per share, versus $458 million, or $0.49 per share in the same period last year. Fourth quarter 2017 net earnings included a $3.6 billion net tax reform benefit resulting from the Tax Cuts and Jobs Act of 2017 and a $10 million net restructuring charge. Excluding these two items, fourth quarter 2017 adjusted net earnings were $573 million, or $0.64 per share. Reconciliation of GAAP to Non-GAAP MeasuresFor the Quarter ended December 31, 2017(in millions, except operating ratio and EPS) OperatingIncome  OperatingRatio  NetEarnings  Net Earnings Per Share, Assuming DilutionGAAP Operating Results$  1,121 60.9% $4,140 $ 4.62           Restructuring Charge 29 (1.0)%  10  0.01     Show less Read more
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