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% ...

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 ...