CSX Corp. (CSX) Tops Q2 EPS by 20c, Beats on Revenues
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CSX Announces Record Second Quarter 2018 Financial Results
July 17, 2018 4:02 PM EDTJACKSONVILLE, Fla., July 17, 2018 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced second quarter 2018 net earnings of $877 million, or $1.01 per share, versus $510 million, or $0.55 per share in the same period last year. CSXs operating ratio set an all-time company quarterly record of 58.6 percent from 67.4 percent in the prior year or 63.5 percent on an adjusted basis, excluding restructuring charges. Compared to 2017 second quarter, the adjusted operating results represent an operating ratio improvement of 490 basis points and a 58 percent increase in earnings per share year over year.
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