CSX Corp. (CSX ) Reports In-Line Q4 EPS
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CSX Announces Fourth Quarter EPS of $0.99, Including $0.05 Charge for Early Debt Repayment
January 21, 2021 4:01 PM ESTJACKSONVILLE, Fla., Jan. 21, 2021 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced fourth quarter 2020 net earnings of $760 million, or $0.99 per share. These results include a charge of $48 million, or $0.05 per share after-tax, related to the early retirement of debt.
CSXs operating ratio set a company fourth quarter record of 57.0 percent, compared with 60.0 percent in the prior year. Despite the lower level of economic activity and operating challenges presented by the COVID-19 pandemic, CSX produced a full year 2020 operating ratio of 58.8 percent, exceeding the Companys initial guidance... More
