CSX Corp. (CSX) Tops Q2 EPS by 3c

(Updated - July 13, 2016 3:09 PM EDT)

(Update includes revenue figure)

CSX Corp. (NASDAQ: CSX) reported Q2 EPS of $0.47, $0.03 better than the analyst estimate of $0.44. Revenue was $2.7 billion, in-line with consensus.

Looking forward, CSX continues to expect 2016 full-year earnings per share to decline, reflecting the ongoing transition in the energy markets, along with the impact of the strong U.S. dollar and low commodity prices. As the company positions itself to serve the markets of tomorrow, CSX remains focused on maximizing shareholder value and achieving a mid-60s operating ratio longer term.

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

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