JACKSONVILLE, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ:CSX) CSX Corporation (NASDAQ:CSX) has announced the winners of its 2024 CSX Customer Environmental Excellence Awards. This year's awards recognizes six customers for their commitment to sustainability by converting a portion of their freight from truck to rail. In the third year of the annual awards program, CSX chose winners who have realized significant carbon reduction by embracing the environmental advantages of rail over trucks with a " ...

CSX Corporation's (CSX) first-quarter 2024 earnings per share of 46 cents beat the Zacks Consensus Estimate by a penny. However, the bottom line declined 4% year over year.Total revenues of $3,681 million surpassed the Zacks Consensus Estimate of $3,646.6 million. The top line decreased 1% year over year due to lower fuel surcharge, decline in other revenues, lower trucking revenues, and reduced export coal prices. These factors offset the benefit from merchandise pricing and higher intermodal and coal volu ...

Key PointsCSX beat analyst estimates for earnings per share (EPS) and revenue in Q1 2024.The company experienced volume growth in the intermodal and coal segments.CSX's positive earnings results and focus on efficiency have led to an increase in its stock price.5 stocks we like better than CSXCSX Corporation NASDAQ: CSX is a leading North American freight railroad operator. The railroad and railway sub-sector operates within the broader transportation sector. CSX’s earnings report was recently released and ...

CSX Corporation (NASDAQ:CSX) Q1 2024 Earnings Call Transcript April 17, 2024 4:30 PM ET Company Participants Matthew Korn - Head of IR Joe Hinrichs - President and CEO Mike Cory - EVP and COO Kevin Boone - EVP and CCO Sean Pelkey - EVP and CFO Conference Call Participants Justin Long - Stephens John Chappell - Evercore ISI Tom Wadewitz - UBS Brian Ossenbeck - JPMorgan Scott Group - Wolfe Research Brandon Oglenski - Barclays Ken Hoexter - Bank of America Jordan Alliger - Goldman Sachs Bascome Majors - Susque ...

2024 FIRST QUARTER CONFERENCE CALL ...

Wednesday, April 17th, 2024Tell me if this sounds familiar: market indices couldn’t hold onto morning gains. That’s what happened again today, when the Dow, S&P 500, Nasdaq and Russell 2000 all came in at the opening bell in the green, only to see trading slip away and close near session lows. There was a slight reprieve just ahead of the 3:00 hour, but the Dow wound up -0.12%, the S&P 500 -0.58%, the small-cap Russell 2000 -0.98% and the Nasdaq -1.51%. It’s now the fourth-straight day lower on the S&P and ...

CSX (CSX) reported $3.68 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 0.7%. EPS of $0.46 for the same period compares to $0.48 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.65 billion, representing a surprise of +0.94%. The company delivered an EPS surprise of +2.22%, with the consensus EPS estimate being $0.45.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they comp ...

CSX (CSX) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.22%. A quarter ago, it was expected that this freight railroad would post earnings of $0.44 per share when it actually produced earnings of $0.45, delivering a surprise of 2.27%.Over the last four quarters, the company has su ...

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% ...