Oppenheimer Reiterates Perform on CSX Corp. (CSX) Following Solid 3Q
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CSX Corporation Announces Third Quarter Earnings
October 12, 2016 4:02 PM EDTHighlights:
With macroeconomic and energy headwinds impacting most markets, CSX once again delivered solid financial results in the third quarter Earnings per share were $0.48 and operating ratio was 69.0 percent, reflecting continued strong cost performanceJACKSONVILLE, Fla., Oct. 12, 2016 (GLOBE NEWSWIRE) -- CSX Corporation (Nasdaq: CSX) today announced third quarter 2016 net earnings of $455 million, or $0.48 per share, down from $507 million, or $0.52 per share, in the same period of last year.
CSX continues to drive strong cost performance and efficiency in this dynamic market environment while meeting or... More
