CSX Corp. (CSX) Misses Q4 EPS by 6c

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CSX Corp. Announces Fourth Quarter and Full Year 2024 Results

January 23, 2025 4:02 PM EST

JACKSONVILLE, Fla., Jan. 23, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced fourth quarter 2024 operating income of $1.11 billion compared to $1.32 billion in the prior year period. Net income was $733 million, or $0.38 per diluted share, compared to $882 million, or $0.45 per diluted share, in the same period last year. Results for the fourth quarter include a pre-tax, non-cash goodwill impairment charge of $108 million. Total volume of 1.58 million units for the quarter was 1% higher compared to fourth quarter 2023.

For the full year 2024, CSX operating income of $5.25 billion was down 5% from the previous year.... More