CSX Corp. (CSX) Tops Q4 EPS by 1c
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CSX Corp. Announces Fourth Quarter and Full Year 2023 Results
January 24, 2024 4:01 PM ESTJACKSONVILLE, Fla., Jan. 24, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced fourth quarter 2023 operating income of $1.32 billion compared to $1.46 billion in the prior year period. Net earnings were $886 million, or $0.45 per diluted share, compared to $1.02 billion, or $0.49 per diluted share, in the same period last year. Total volume of 1.56 million units for the quarter was 1% higher compared to 2022, with Merchandise volume up 3%, Coal volume up 3%, and Intermodal volume flat.
For the full year 2023, CSX operating income of $5.56 billion was down 8% from the previous year. Net earnings for the... More
