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Tag: CSX

  • CSX Beats Earnings

    Railroad operator CSX Corp. (CSX 28.39) beat first quarter earnings expectations but saw revenues drop due to the economic downturn. For the first quarter, CSX reported earnings of $0.62 per share, $0.11 better than the First Call consensus of $0.51. Revenues fell 17.0% year-over-year to $2.2 billion; the consensus expected $2.26 billion. CSX said the…

  • CSX Corporation (CSX) Earnings Play

    Railroad operator CSX Corp. (CSX) is scheduled to issue first-quarter earnings after market close today, with analysts forecasting earnings of $0.51 per share on revenues of $2.26 billion for the quarter. I am not so positive about the results. I think CSX might miss earnings’ estimates, but, as I always say earnings are 50:50, pls…