CSX shares rise after railroad company's earnings beat expectations [MarketWatch]
CSX Corporation (CSX)
Last csx corporation earnings: 4/22 04:02 pm
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Source: MarketWatch
CSX shares rise after railroad company's earnings beat expectations Shares of CSX Corp. CSX, -1.89% rose 1.5% late Tuesday after the railroad company reported adjusted earnings above Wall Street expectations. CSX said it earned $4.1 billion, or $4.62 a share, in the fourth quarter, compared with $458 million, or 49 cents a share, in the year-ago period. The net earnings included a $3.6 billion tax reform benefit and a $10 million restructuring charge, the company said. Adjusted for these and other items, CSX earned $573 million, or 64 cents a share. Sales reached $2.86 billion, from $3.04 billion a year ago. Analysts polled by FactSet had expected adjusted earnings of 56 cents a share on sales of $2.88 billion. The stock ended the regular trading session down 1.9%.
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CSX
News
- CSX Corporation Declares Quarterly DividendGlobeNewswire
- Anne Chow Elected to CSX Board of DirectorsGlobeNewswire
- GEMI Elects New Board of Director Members and Co-Chairs [Yahoo! Finance]Yahoo! Finance
- CSX Executive Vice President and Chief Commercial Officer to Address Bank of America Transportation, Airlines and Industrials Conference [Yahoo! Finance]Yahoo! Finance
- CSX Executive Vice President and Chief Commercial Officer to Address Bank of America Transportation, Airlines and Industrials ConferenceGlobeNewswire
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