Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (☒) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR (☐) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 1-8022 CSX CORPORATION (Exact name of registrant as specified in its charter) Virginia 62-1051971 ( ...

Exhibit 99.2 CSX Corp. Announces First Quarter 2024 Results JACKSONVILLE, Fla. – April 17, 2024 – CSX Corp. (NASDAQ: CSX) today announced first quarter 2024 operating income of $1.35 billion compared to $1.46 billion in the prior year period. Net earnings were $893 million, or $0.46 per diluted share, compared to $987 million, or $0.48 per diluted share, in the same period last year. Total volume of 1.53 million units for the quarter was 3% higher compared to first quarter 2023, with intermodal volume up 7% ...

We are in the initial stages of the first-quarter 2024 earnings season. The earnings results and management guidance will be crucial for market participants to gauge the health of the U.S. economy.As of Apr 12, 30 companies on the S&P 500 Index have reported their financial numbers. Total earnings for these 30 index members are up 21% from the same period last year on 5.8% higher revenues, with 80% beating EPS estimates and 56.7% beating revenue estimates.At present, total earnings of the S&P 500 Index in f ...

JACKSONVILLE, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- 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 company's commitment to innovation and environmental stewardship. The hydrogen locomotive was converted from an existing diesel locomotive using a hydrogen conversion kit dev ...

Investors are always looking for stocks that are poised to beat at earnings season and CSX Corporation (CSX) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because CSX is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator ...

JACKSONVILLE, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ:CSX) has announced its latest group of high-ranking properties to receive CSX Select Site designation under the industrial development program. Fourteen sites in eight states have earned a Silver or Bronze rating based on an evaluation of a wide range of site characteristics. CSX worked with more than 40 communities over the past several months to gather information and identify top candidates for the Select Site program, which connects expa ...

CSX (CSX Quick Quote - Free Report ) is scheduled to release its first-quarter 2024 results on Apr 17 after market close. CSX has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in two of the preceding four quarters and meeting twice, the average beat being 4.14%.Let's delve into the factors that are likely to have influenced CSX's performance this earnings season. The Zacks Consensus Estimate for CSX's first-quarter 2024 revenues is currently pegged at $3.66 bill ...

CSX Corporation’s (CSX) efforts to reward its shareholders through dividends and buybacks are commendable. The company anticipates low to mid-single-digit volume growth in 2024, propelled by robust performances in the merchandise, intermodal and coal units.Factors Favoring CSXCSX's top line was boosted by higher export coal and domestic shipments, with a 3% coal volume increase in 2023. The company expects further growth with high export coal prices and fuel surcharge revenues.CSX’s commitment to reward its ...

The market expects CSX (CSX) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 17 ...

CSX Corporation's (CSX) efforts to reward its shareholders are promising, buoyed by positive coal revenues and improved liquidity, indicating further positive momentum. However, CSX is grappling with difficulties in its intermodal operations and burdensome operating costs, posing significant obstacles to its success.Factors Favoring CSXHigher export coal volumes, domestic intermodal shipments and growth in other segments, along with pricing gains, are boosting CSX's top line. Export coal strength drove a 3% ...