CSX posts 6% Q4 revenue drop [Business News Network (BNN) Energy & Resources (Canada)]
CSX Corporation (CSX)
Last csx corporation earnings: 4/22 04:02 pm
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Source: Business News Network
CSX posts 6% Q4 revenue drop CSX Corp (CSX.O), the third-largest U.S. railroad operator, reported a 6 per cent fall in fourth-quarter revenue from the year earlier quarter, when it had an extra fiscal week. The Jacksonville, Florida-based railroad said revenue fell to US$2.86 billion in the quarter ended Dec. 31, from US$3.04 billion a year earlier. Net income jumped to US$4.14 billion, or US$4.62 per share, from US$458 million, or 49 cents per share, boosted by benefits from the recently enacted U.S. tax overhaul.
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- CSX Co. (NASDAQ: CSX) had its price target lowered by analysts at Royal Bank of Canada from $37.00 to $36.00. They now have a "sector perform" rating on the stock.MarketBeat
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