CSX Corporation Announces Second Quarter Earnings
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UBS Remains Sidelined on CSX Corp. (CSX) Following 2Q Call - PT to $31
July 15, 2016 9:04 AM EDTUBS reiterated a Neutral rating on CSX Corp. (NASDAQ: CSX), and raised the price target to $31.00 (from $27.00), following the company's 2Q conference call. The combination of an upside 2Q earnings report and better than anticipated cost performance from CSX may set a... More
UPDATE: Stifel Downgrades CSX (CSX) to Hold
July 15, 2016 6:48 AM EDT(Updated - July 15, 2016 8:15 AM EDT)
Stifel downgraded CSX (NASDAQ: CSX) from Buy to Hold and removed its price target (prior $28.00). The change follows the release of Q2 results.
Analyst John G. Larkin explained the downgrade, "Our rating on... More
Stifel Affirms CSX Corp. (CSX) at 'Buy'; Q2 Shows Volume, Pricing Remain Wonky
July 14, 2016 11:37 AM EDTStifel affirms CSX Corp. (NYSE: CSX) at Buy with a price target of $28 following Q2 results issued Wednesday night.
Analyst John G. Larkin offered the following commentary and highlights:
Same store sales (+2.9%) continue to diverge from RPU (-2.7%). Its clear that RPU is down thanks to lower fuel and negative mix, but what is not as apparent is what portion of business same store sales contributes to. We expect this trend to continue across nearly all rails so long as coal and other commodities remain so depressed.Rising... MoreCSX Corp. (CSX) Peers on Watch After Q2 EPS Tops Views (UNP) (CP) (NSC) (CNI)
July 13, 2016 3:04 PM EDTCSX Corp. (NASDAQ: CSX) peers were on watch after the company release Q2 results intraday, with EPS topping consensus by 3 cents.
Related tickers include:
Union Pacific (NYSE: UNP)Canadian Pacific Railway (NYSE: CP)Norfolk Southern (NYSE: NSC)Canadian National Railway (NYSE: CNI)... MoreCSX Corp. (CSX) Tops Q2 EPS by 3c
July 13, 2016 2:58 PM EDT(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... More
