CSX Corp. (CSX) Tops Q4 EPS by 2c

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CSX Corp. Announces Fourth Quarter and Full Year 2022 Results

January 25, 2023 4:01 PM EST

JACKSONVILLE, Fla., Jan. 25, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced fourth quarter 2022 operating income of $1.46 billion compared to $1.37 billion in fourth quarter 2021. Net earnings of $1.02 billion, or $0.49 per share, compared to $934 million, or $0.42 per share, in the same period last year.

For the full year 2022, CSX operating income of $6.0 billion was up 8% from the previous year and included $144 million in gains from property sales recognized from the 2021 agreement with the Commonwealth of Virginia. Full year 2021 operating income included $349 million in gains from this same transaction. Net... More