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CSX Corp. (CSX) Tops Q3 EPS by 3c; Revenue Fell 8%

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Oppenheimer Reiterates Perform on CSX Corp. (CSX) Following Solid 3Q

October 13, 2016 9:58 AM EDT

Oppenheimer reiterated a Perform rating on CSX Corp. (NASDAQ: CSX) following the company's 3Q earnings report. CSX reported 3Q EPS of $0.48, exceeding the consensus estimates of $0.45. Revenue declined 7.8% y/y to $2.710B, which still exceeded the consensus of $2.688B.

Analyst Scott Schneeberger... More