CSX Corp. (CSX) Tops Q2 EPS by 5c; $500M Stock Buyback

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CSX Corporation Announces Second Quarter EarningsĀ and Increase in Share Repurchase Program

July 18, 2017 4:02 PM EDT

JACKSONVILLE, Fla., July 18, 2017 (GLOBE NEWSWIRE) -- CSX Corporation (Nasdaq: CSX) today announced second quarter 2017 net earnings of $510 million, or $0.55 per share, up from $445 million, or $0.47 per share, in the same period of last year. Excluding a $122 million restructuring charge in this years second quarter results, adjusted earnings per share was $0.64 as shown in the table below.

 Reconciliation of GAAP to Non-GAAP MeasuresFor the Quarter ended June 30,... More