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CSX Archives - Learn to Trade Options | #1 Options Trading Education
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CSX Archives - Learn to Trade Options | #1 Options Trading Education

CSX Beats Earnings

April 15, 2009

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…

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April 15, 2009

CSX Corporation (CSX) Earnings Play

April 14, 2009

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…

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April 14, 2009
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