CSX (CSX) PT Lowered to $36 at RBC Capital

CSX (CSX) PT Lowered to $38 at Jefferies

April 18, 2024 6:04 AM EDT

(Updated - April 18, 2024 6:04 AM EDT)

Jefferies analyst Stephanie Moore lowered the price target on CSX (NASDAQ: CSX) to $38.00 (from $40.00) while maintaining a Hold rating.

The analyst commented: "CSX reported 1Q results that were in-line with expectations with EPS $0.01 above, which... More

CSX (CSX) PT Lowered to $39 at BofA Securities

April 18, 2024 5:52 AM EDT

BofA Securities analyst Ken Hoexter lowered the price target on CSX (NASDAQ: CSX) to $39.00 (from $40.00) while maintaining a Buy rating.

The analyst comments "CSX posted 1Q24 EPS of $0.46, down 2% year-year, above our/Street's $0.45 forecast. Despite challenges from weather in January and the collapse of Baltimores Key Bridge, CSX reiterated its 2024... More

CSX beats quarterly estimates on higher intermodal, coal export volumes

April 17, 2024 6:07 PM EDT

(Reuters) - U.S. railroad operator CSX reported first-quarter earnings above Wall Street estimates on Wednesday, helped by higher intermodal volumes and coal export demand, sending its shares up 2% in after-hours trading.

The Jacksonville, Florida-based company's net earnings fell to $893 million, or 46 cents per share, for the quarter ended March 31, from $987 million, or 48 cents per share, a year earlier.

However, it narrowly beat profit estimates of 45 cents per share, according to LSEG data.

... More

CSX reiterates FY outlook as Q1 results top estimates

April 17, 2024 5:06 PM EDT

Investing.com -- CSX reported Wednesday reiterated its full-year outlook after first-quarter results beat analysts' forecasts even as the railroad company experienced a drop in profit amid lower margins.

CSX Corporation (NASDAQ: CSX) shares gained more than 1% in after-hours trade following the... More

After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall

April 17, 2024 4:43 PM EDT

After-Hours Stock Movers:

Alcoa (NYSE: AA) rose 3% after the aluminum company's revenue topped estimates. Alcoa said it expects 2024 total Aluminum segment production and shipments to remain unchanged from the prior projection.

Equifax (NYSE: EFX) declined... More

CSX Corp. (CSX) Tops Q1 EPS by 1c

April 17, 2024 4:01 PM EDT

CSX Corp. (NASDAQ: CSX) reported Q1 EPS of $0.46, $0.01 better than the analyst estimate of $0.45. Revenue for the quarter came in at $3.68 billion versus the consensus estimate of $3.67 billion.

For earnings history and earnings-related data on CSX Corp. (CSX) click here.

... More

CSX Corp. (CSX) Shares Trade Lower Ahead of Results, Down 2.2%

April 17, 2024 9:35 AM EDT

(Updated - April 17, 2024 9:36 AM EDT)

CSX Corp. (NASDAQ: CSX) Shares Trade Lower Ahead of Results, Down 2.2%

CSX Corp. (NASDAQ: CSX) will release first quarter financial and operating results after the market close on... More

CSX Corp. (CSX) Unveils Its First Hydrogen-Powered Locomotive in Collaboration with CPKC

April 16, 2024 2:22 PM EDT

CSX (NASDAQ: CSX) has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation. This pioneering achievement is the result of a successful partnership between CSX and Canadian Pacific Kansas City (CPKC) and demonstrates the companys commitment to innovation and environmental stewardship.

The hydrogen locomotive was converted from an existing diesel locomotive using a hydrogen conversion kit developed by CKPC. The transformation took... More