CSX Corp. (CSX) Reports In-Line Q4 EPS

CSX Corp. (NASDAQ: CSX) reported Q4 EPS of $0.49, in-line with the analyst estimate of $0.49. Revenues came in at $3.037 billion versus the consensus of $2.89 billion.

“In an environment where the company lost almost $470 million of coal revenue and experienced weakness across most of its markets, CSX delivered nearly $430 million of productivity savings in 2016, while improving customer service,” said Michael J. Ward, chairman and chief executive officer. “With business conditions gradually improving and the ongoing transformation into the CSX of Tomorrow, we will continue to deliver sustainable shareholder value.”

For earnings history and earnings-related data on CSX Corp. (CSX) click here.

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