CSX Corp. (CSX) Updates on Q3 Outlook; Sees EPS Lower from Q2
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CSX CFO Updates Expectations for Third Quarter Performance
September 7, 2016 10:16 AM EDTHighlights:
Third quarter earnings per share expected to decline slightly sequentially  Third quarter volume now expected to decline by high single digits year-over-year Efficiency continues gaining momentum; full-year target now exceeds $350 million Total coal tonnage for 2016 now expected to decline between 20 percent and 25 percentJACKSONVILLE, Fla., Sept. 07, 2016 (GLOBE NEWSWIRE) -- CSX Corporation Executive Vice President and Chief Financial Officer Frank Lonegro updated investors and analysts today at the Cowen and Company 9th Annual Global Transportation Conference in Boston about the companys third quarter expectations, full-year guidance and long-term... More
