CSX Corp. (CSX) Tops Q1 EPS by 6c

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CSX Corp. Announces First Quarter 2020 Financial Results

April 22, 2020 4:03 PM EDT

JACKSONVILLE, Fla., April 22, 2020 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced first quarter 2020 net earnings of $770 million, or $1.00 per share, versus $834 million, or $1.02 per share in the same period last year. CSXs operating ratio set a Class I railroad first quarter record of 58.7 percent, improved from 59.5 percent in the prior year.

I am extremely proud of our outstanding CSX employees for keeping the railroad running at such a high level during these unprecedented times and enabling the delivery of critical goods across the country, said James M.... More