Workflow
CSX(CSX)
icon
Search documents
CSX Q3 Earnings Beat, Revenues Lag Estimates, Both Down Y/Y
ZACKS· 2025-10-17 15:51
Core Insights - CSX Corporation reported mixed third-quarter 2025 results with earnings per share of 44 cents, beating the Zacks Consensus Estimate of 42 cents, but revenues of $3.59 billion missed expectations and declined 1% year over year [1][2]. Financial Performance - Adjusted operating income for the third quarter decreased significantly to $1.25 billion, with an adjusted operating margin of 34.9% [3]. - Total revenues of $3.59 billion narrowly missed the Zacks Consensus Estimate, primarily due to lower export coal prices and a decline in merchandise volume [2]. - Merchandise revenues fell 1% year over year to $2.21 billion, while intermodal revenues increased 4% to $527 million [4]. - Coal revenues plummeted 11% year over year to $490 million, with coal volumes decreasing by 3% [5]. Segment Performance - Merchandise volumes decreased by 1% year over year to $660 million, while intermodal segment volumes increased by 5% [4]. - Trucking revenues totaled $207 million, down 3% year over year, while other revenues grew significantly by 38% to $155 million [5]. Liquidity and Guidance - CSX ended the third quarter with cash and cash equivalents of $602 million, down from $933 million at the end of 2024, while long-term debt remained flat at $18.5 billion [6]. - For 2025, CSX expects total volume growth and plans to focus on operational excellence and efficiency initiatives, with capital expenditures projected at $2.5 billion [7].
Earnings live: American Express beats estimates, EssilorLuxottica stock surges as focus turns to regional bank earnings
Yahoo Finance· 2025-10-17 12:12
Core Insights - The third quarter earnings season has begun, with analysts expecting a 7.9% increase in earnings per share for S&P 500 companies, marking the ninth consecutive quarter of positive growth but a slowdown from the 12% growth in Q2 [1][2] Financial Institutions Performance - Major banks including JPMorgan Chase, Goldman Sachs, Wells Fargo, Citigroup, and BlackRock reported their quarterly results, with additional reports from Bank of America, Morgan Stanley, and others following [2][4] - Ally Financial reported earnings per share of $1.18, exceeding estimates of $0.96, with revenue of $2.17 billion surpassing expectations of $2.10 billion [7][8] - Truist's net income rose to $1.3 billion, or $1.04 per diluted share, beating analyst estimates of $0.99 per share, with noninterest income increasing 11% to $158 million [9][10] - Comerica's net interest income grew over 7% to $574 million, while noninterest income declined to $264 million due to slower capital markets activity [11][12] - Fifth Third reported net interest income of $1.52 billion, a 7% year-over-year increase, with earnings per share growing 17% to $0.91, surpassing estimates of $0.86 [14][15] - U.S. Bancorp reported net income of $2.00 billion, or $1.22 per share, beating estimates and achieving record revenue of $7.3 billion [22][23] - Charles Schwab's earnings were $1.26 per share, with record revenue of $6.13 billion, a 27% year-over-year increase [24][25] Technology Sector Insights - Taiwan Semiconductor Manufacturing Company (TSMC) reported a 39% year-over-year profit surge in Q3 and raised its 2025 revenue outlook, anticipating mid-30% annual sales growth [27][28] - TSMC's revenue reached approximately $32.2 billion, exceeding estimates, with earnings per share of $2.92 also beating expectations [28][29] Other Notable Earnings Reports - Morgan Stanley's profits surged 45% in Q3, driven by a 44% increase in deal-making fees to $2.1 billion and a 24% rise in trading fees [36][37][38] - Citigroup's net income for Q3 was $3.8 billion, or $1.86 per diluted share, with total revenue growing 9% to $22.1 billion, driven by increased deal-making and trading activities [46][47]
CSX Corporation: Q3 Earnings Results Confirm It's A Great Value Play (NASDAQ:CSX)
Seeking Alpha· 2025-10-17 12:06
With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest-quality analysis of this type of information.He leads the investing group Beyond the Wall Investing with features that include: a fundamentals-based portfolio, weekly analysis on insights from institutional investors, regular alerts for short-term trade ideas based on technical signals, ticker ...
CSX Corporation: Q3 Earnings Results Confirm It's A Great Value Play
Seeking Alpha· 2025-10-17 12:06
Group 1 - The service Beyond the Wall Investing offers significant savings on equity research reports, potentially saving thousands of dollars annually for subscribers [1] - Features of Beyond the Wall Investing include a fundamentals-based portfolio, weekly insights from institutional investors, short-term trade alerts based on technical signals, and community engagement [2] - The platform provides ticker feedback upon request, enhancing user interaction and tailored investment insights [2] Group 2 - The article emphasizes that past performance does not guarantee future results, highlighting the inherent uncertainties in investment [3] - It clarifies that no specific investment recommendations are made, and opinions expressed may not represent the views of the entire platform [3] - The authors of the analysis may not be licensed or certified, indicating a diverse range of contributors with varying levels of expertise [3]
Why CSX Shares Are Trading Higher By Over 4%; Here Are 20 Stocks Moving Premarket - American Battery Tech (NASDAQ:ABAT), Achieve Life Sciences (NASDAQ:ACHV)
Benzinga· 2025-10-17 09:55
Group 1: CSX Corp Performance - CSX Corp reported third-quarter revenue of $3.59 billion, exceeding analyst estimates of $3.58 billion [1] - The company achieved adjusted earnings of 44 cents per share, surpassing analyst expectations of 43 cents per share [1] - Following the earnings report, CSX shares increased by 4.2% to $37.51 in pre-market trading [1] Group 2: Other Stocks in Pre-Market Trading - Artiva Biotherapeutics Inc gained 98.6% to $5.50 after receiving FDA Fast Track Designation for AlloNK [4] - Safe & Green Holdings Corp surged 38.8% to $4.27 after completing Phase 1 of its intelligent wellsite monitoring system [4] - Kezar Life Sciences Inc rose 36% to $5.67 following a regulatory update on its Zetomipzomib program [4] - INVO Fertility Inc tumbled 34.6% to $0.92 after a significant rise of over 85% the previous day [4] - American Battery Technology Co shares dipped 19.8% to $4.55 after a 37% decline on Thursday due to the termination of a grant by the Department of Energy [4]
SLB, American Express And 3 Stocks To Watch Heading Into Friday - American Express (NYSE:AXP)
Benzinga· 2025-10-17 06:38
Core Insights - U.S. stock futures are trading lower, indicating a cautious market sentiment ahead of key earnings reports [1] Company Earnings and Performance - Slb NV (NYSE:SLB) is expected to report quarterly earnings of $0.66 per share on revenue of $8.97 billion [2] - CSX Corp. (NASDAQ:CSX) reported third-quarter revenue of $3.59 billion, exceeding analyst estimates of $3.58 billion, with adjusted earnings of $0.44 per share, beating expectations of $0.43 per share [2] - American Express Co. (NYSE:AXP) is anticipated to post quarterly earnings of $4.00 per share on revenue of $18.05 billion [2] - Truist Financial Corp. (NYSE:TFC) is expected to report quarterly earnings of $1.00 per share on revenue of $5.20 billion [2] Stock Movements - SLB shares fell 0.3% to $32.82 in after-hours trading [2] - CSX shares rose 2.3% to $36.80 in after-hours trading [2] - American Express shares gained 0.5% to $324.58 in after-hours trading [2] - Newsmax Inc. (NYSE:NMAX) shares increased by 1.5% to $10.99 after announcing a $5 million purchase of Bitcoin and Trump Coin [2] - Truist Financial shares gained 0.6% to $41.33 in after-hours trading [2]
CSX earnings slump on charges, coal decline
Yahoo Finance· 2025-10-17 03:28
Core Insights - CSX's profits declined in Q3 due to an 11% drop in coal revenue, despite improvements in key operating metrics [1][3] - The company remains optimistic about future growth, citing strong customer relationships and ongoing efforts to enhance industrial capacity [2][5] Financial Performance - Adjusted operating income fell 8% to $1.25 billion, with revenue decreasing 1% to $3.58 billion; earnings per share dropped 4% to 44 cents [3] - The adjusted operating ratio increased by 2.5 points to 65.1% [3] Volume and Traffic - Overall quarterly volume increased by 1%, with merchandise traffic down 1%, intermodal traffic up 5%, and coal down 3% [4] - The decline in coal was attributed to an 11% drop in export coal tonnage, while domestic coal volume rose by 8% [4] Operational Metrics - Key operational metrics showed improvement: average train velocity increased by 2%, terminal dwell time decreased by 8%, and intermodal trip plan compliance rose to 93% [6] - Merchandise trip plan compliance improved by three points to 83% [6] Strategic Outlook - CSX anticipates overall volume growth despite mixed business conditions, with challenges from trade policies, commodity prices, interest rates, and a weak trucking market [5] - The completion of major construction projects ahead of schedule contributed to operational efficiency [7]
美股异动丨CSX运输夜盘涨约2.5%,Q3营收及调整后每股收益均超预期
Ge Long Hui· 2025-10-17 02:07
Core Viewpoint - CSX Transportation reported a slight decline in revenue for Q3, but exceeded analyst expectations in both revenue and adjusted earnings per share [1] Financial Performance - Q3 revenue decreased approximately 1% year-over-year to $3.59 billion, slightly above analyst expectations of $3.57 billion [1] - Adjusted earnings per share were reported at $0.44, surpassing analyst expectations of $0.42 [1] - Coal revenue fell by 11%, and total volume decreased by 3% during the quarter [1] Strategic Outlook - CEO Steve Angel indicated that the company is exploring strategic opportunities and re-evaluating certain aspects of its operations, particularly in collaboration with other companies [1]
CSX outlines Q2 2026 double stack launch and targets volume growth as network projects finish (NASDAQ:CSX)
Seeking Alpha· 2025-10-17 01:07
Core Points - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1] Summary by Sections - **Access Issues**: Users are advised to enable Javascript and cookies to ensure smooth access to the website [1] - **Ad-Blocker Impact**: The presence of ad-blockers can lead to being blocked from proceeding, indicating a need to disable them for full access [1]
CSX Corporation 2025 Q3 - Results - Earnings Call Presentation (NASDAQ:CSX) 2025-10-16
Seeking Alpha· 2025-10-17 01:02
Group 1 - The article does not provide any specific content related to a company or industry [1]