CSX Corp. (CSX) Tops Q4 EPS by 8c
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CSX Corporation Announces Fourth Quarter and Full-Year 2017 Earnings
January 16, 2018 4:01 PM ESTJACKSONVILLE, Fla., Jan. 16, 2018 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced fourth quarter 2017 net earnings of $4.1 billion, or $4.62 per share, versus $458 million, or $0.49 per share in the same period last year. Fourth quarter 2017 net earnings included a $3.6 billion net tax reform benefit resulting from the Tax Cuts and Jobs Act of 2017 and a $10 million net restructuring charge. Excluding these two items, fourth quarter 2017 adjusted net earnings were $573 million, or $0.64 per share.
Reconciliation of GAAP to Non-GAAP... More