CSX Corp. (CSX) Tops Q2 EPS by 3c
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CSX Corporation Announces Second Quarter Earnings
July 13, 2016 2:57 PM EDTHighlights:
Delivered earnings per share of $0.47 and an operating ratio of 68.9 percent Strong U.S. dollar, low commodity prices and energy market transition continue to challenge financial performance and are expected to impact full-year earningsJACKSONVILLE, Fla., July 13, 2016 (GLOBE NEWSWIRE) -- CSX Corporation (Nasdaq: CSX) today announced second quarter 2016 net earnings of $445 million, or $0.47 per share, down from $553 million, or $0.56 per share, in the same period of last year.
CSX continued to drive strong customer service and network efficiency in a challenging market, which is... More
