CSX Corp. Announces Third Quarter 2020 Financial Results, Authorizes Additional $5 Billion Share Buyback

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Stephens Reiterates Overweight Rating on CSX (CSX) Following 3Q

October 22, 2020 7:06 AM EDT

Stephens analyst Justin Long reiterated an Overweight rating and $95.00 price target on CSX (NASDAQ: CSX) following the company's 3Q earnings report. CSX reported 3Q20 EPS of $0.96 that came in above consensus estimate of $0.93. Long believes CSX has performed very well in the midst of... More

CSX Corp. (CSX) Tops Q3 EPS by 4c, Approves $5B Buyback

October 21, 2020 4:03 PM EDT

CSX Corp. (NASDAQ: CSX) reported Q3 EPS of $0.96, $0.04 better than the analyst estimate of $0.92. Revenue for the quarter came in at $2.65 billion versus the consensus estimate of $2.68 billion.

CSX also announced the Board authorized a new share repurchase program, providing $5 billion of incremental authority to... More