CSX Corp (CSX) Shares Down 2% Despite Q4 Revenue Beat, EPS In-Line

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CSX Corp. Announces Fourth Quarter 2021 Financial Results

January 20, 2022 4:01 PM EST

JACKSONVILLE, Fla., Jan. 20, 2022 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced fourth quarter 2021 net earnings of $934 million, or $0.42 per share, compared to $760 million, or $0.33 per share in the same period last year. Fourth quarter 2021 operating ratio was 60.1% compared to 57.0% in the prior year period. Prior year results include a pre-tax charge of $48 million within other expense, or $0.02 per share after-tax, related to the early retirement of debt.

I would like to thank all of CSXs employees for their hard work and dedication to our... More