CSX Corp. (CSX) Tops Q4 EPS by 2c
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CSX Announces Fourth Quarter and Full Year 2019 Financial Results
January 16, 2020 4:02 PM ESTJACKSONVILLE, Fla., Jan. 16, 2020 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced fourth quarter 2019 net earnings of $771 million, or $0.99 per share, versus $843 million, or $1.01 per share in the same period last year. CSXs operating ratio set a company fourth quarter record of 60.0 percent, compared with 60.3 percent in the prior year.
For the full year 2019, CSX generated net earnings of $3.33 billion, or $4.17 per share, versus $3.31 billion, or $3.84 per share in 2018, an increase of 1% and 9%, respectively. CSXs full year 2019 operating ratio of 58.4% represents a new U.S. Class I... More
