CSX Corp. (CSX) Misses Q3 EPS by 1c

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CSX Corp. Announces Third Quarter 2023 Results

October 19, 2023 4:01 PM EDT

JACKSONVILLE, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced third quarter 2023 operating income of $1.30 billion compared to $1.58 billion in the prior year period. Net earnings of $846 million, or $0.42 per diluted share, compared to $1.11 billion, or $0.52 per diluted share, in the same period last year.

Over the third quarter, our efforts centered on delivering the reliable customer service that has allowed us to remain resilient and successfully maneuver through mixed markets, said Joe Hinrichs, president and chief executive officer. Our merchandise business remained solid, and our... More