Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? CSX (CSX) , which belongs to the Zacks Transportation - Rail industry, could be a great candidate to consider.This freight railroad has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 2.15%.For the last reported quarter, CSX came out with earnings ...

Governor Larry Hogan arrives by CSX train at Seagirt Marine Terminal. He took a railroad tour of the ... [+] Howard Street tunnel along with CSX executives and gave a press conference at the Port about the need for tunnel remodeling so that double-decker containers can be transported through it. (Barbara Haddock Taylor/The Baltimore Sun/Tribune News Service via Getty Images)TNSCSX Stock (NYSE: CSX) will report its Q3 2024 results on Wednesday, Oct 16. We expect the company’s revenues to come in at $3.7 bill ...

Earnings season is upon us and right after the largest banks, we get ready to look through the 10-Qs of North America's economic backbone, represented by its Class 1 railroads. We will open up withI focus on long term growth and dividend growth investing. I follow both the US and the European stock markets, looking for undervalued stock and/or for high quality dividend growing companies that provide me with cash to reinvest. Over time, I have come to realize that profitability is a much safer driver of gain ...

Wall Street analysts forecast that CSX (CSX) will report quarterly earnings of $0.48 per share in its upcoming release, pointing to a year-over-year increase of 14.3%. It is anticipated that revenues will amount to $3.7 billion, exhibiting an increase of 3.5% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their in ...

Wall Street expects a year-over-year increase in earnings on higher revenues when CSX (CSX) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact 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 October 16. On the ...

JACKSONVILLE, Fla., Oct. 07, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) announced today that it will webcast its Investor Day presentations to the financial community on Thursday, November 7, 2024. CSX’s leadership team will outline the ways that the company is leveraging ONE CSX to execute their proven model, building powerful momentum to deliver profitable growth. The webcast will begin at 8 a.m. ET and concludes at approximately 11:30 a.m. ET. To register for the event click here. Additional inform ...

JACKSONVILLE, Fla., Sept. 27, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced it will contribute $100,000 to support the American Red Cross in its ongoing relief and recovery efforts underway in communities impacted by Hurricane Helene. “The devastation caused by Hurricane Helene has deeply impacted the communities where our employees, families, neighbors, and customers live and work,” said Joe Hinrichs, president and chief executive officer. “Our contribution to the American Red Cross is a ...

JACKSONVILLE, Fla., Sept. 24, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release third quarter financial and operating results after the market close on Wednesday, October 16, 2024. This will be followed by a conference call and live webcast hosted by the company’s management team at 4:30 p.m. Eastern Time. Those interested in participating via teleconference may dial 1-888-510-2008. Callers outside the U.S. may dial 1-646-960-0306. Participants should dial in 10 minutes prior to the call and use ...

JACKSONVILLE, Fla., Sept. 23, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) is partnering with Operation Lifesaver, Inc. (OLI), to observe See Tracks? Think Train!® Week (formerly Rail Safety Week) to educate and empower the public to make safe decisions around trains and tracks and raise awareness of the need for rail safety education. “Safety is at the core of our ONE CSX culture, and is foundational to efficient, reliable train operations,” said Mike Cory, executive vice president & chief operating of ...

CSX’s (CSX) proactive efforts to enhance safety in its operations are commendable. The shareholder-friendly approach bodes well for the company. However, CSX’s financial stability is challenged by the surge in operating expenses.Factors Favoring CSXCSX's proactive measures to enhance safety through a three-year initiative are commendable, focusing on cultural transformation that begins with leadership and extends throughout the organization. Building on the ONE CSX program, this effort emphasizes inclusivit ...