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Analysts Estimate CSX (CSX) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-07-29 15:06
CSX (CSX) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on August 5, 2024, might help the stock move higher if these key numbers are better than expectations. O ...
CSX Earns Top Disability Equality Index® Score, Named "Best Place to Work" for Sixth-Straight Year
Newsfilter· 2024-07-16 16:30
JACKSONVILLE, Fla., July 16, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) was named one of America's best places to work by the Disability Equality Index® for the sixth-straight year, earning a top score of 100, as announced by the American Association of People with Disabilities (AAPD) and Disability:IN on Tuesday. "Our continued recognition is a reflection of our ONE CSX culture and our employees who are dedicated to creating an inclusive environment where each individual feels valued and can thrive," ...
CSX Earns Top Disability Equality Index® Score, Named "Best Place to Work" for Sixth-Straight Year
GlobeNewswire News Room· 2024-07-16 16:30
JACKSONVILLE, Fla., July 16, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) was named one of America’s best places to work by the Disability Equality Index® for the sixth-straight year, earning a top score of 100, as announced by the American Association of People with Disabilities (AAPD) and Disability:IN on Tuesday. “Our continued recognition is a reflection of our ONE CSX culture and our employees who are dedicated to creating an inclusive environment where each individual feels valued and can thrive,” ...
4 Reasons Why Railroad Stocks Will Soar As The 2020s Roll On
Forbes· 2024-07-10 12:15
Distribution and transportation using railroads.gettyRailroad stocks are set to roll and we’re going to climb aboard with two stocks—including one that’s hiked payouts by 50% in five years—we’ll delve into in a sec.What’s driving this opportunity? Our usual contrarian mix of overlooked growth and stocks that have been tossed overboard, of course!Since the days of the Wild West, railroads have been the backbone of the US economy, so when economic growth gets out of sync with railroad stocks’ prices—as is hap ...
CSX Corporation Announces Date for Second Quarter Earnings Release and Earnings Call
Newsfilter· 2024-07-08 21:48
JACKSONVILLE, Fla., July 08, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) will release second quarter financial and operating results after the market close on Monday, August 5, 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. This release date reflects the Company's review of the capitalization of prior period engineering materials and labor. The results of this review are not expected to impact free cash flow in past or ...
CSX Corporation Announces Date for Second Quarter Earnings Release and Earnings Call
GlobeNewswire News Room· 2024-07-08 21:48
JACKSONVILLE, Fla., July 08, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release second quarter financial and operating results after the market close on Monday, August 5, 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. This release date reflects the Company’s review of the capitalization of prior period engineering materials and labor. The results of this review are not expected to impact free cash flow in past o ...
Here's Why CSX Stock is a Compelling Portfolio Addition
ZACKS· 2024-07-01 12:46
CSX's (CSX) merchandise pricing, along with higher intermodal and coal volumes, is boosting the company's top line. The shareholder-friendly approach also bodes well for the company. Owing to the tailwinds, shares of CSX have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, it’s time to do so.Let’s take a look at the factors that make the CSX stock a strong investment pick at the moment.Robust Price Performance: A glimpse at the company’s price trend ...
5 Stocks With High ROE to Buy on Sustained AI-Infused Rally
ZACKS· 2024-06-28 14:41
After a brief period of the so-called market correction, the broader U.S. equity markets witnessed a steady uptrend over the past few trading days, buoyed by the AI rally. Experts largely view the AI-infused rally as having more substance than the dot-com bubble and remained bullish on a healthy gain in the second half of the year.However, the optimism was partially marred by the skepticism regarding the upcoming release of May’s core personal consumption expenditures price index, which is the Federal Reser ...
CSX Confirms The Bull Case, As It Remains One Of My Best Dividend Ideas
Seeking Alpha· 2024-06-19 11:30
John M. Chase Introduction It's time to talk about the CSX Corporation (NASDAQ:CSX), one of my all-time favorite dividend growth stocks. The only reason why I don't own it is because of my investments in three other railroads, Union Pacific (UNP), Canadian Pacific Kansas City (CP), and Norfolk Southern (NSC), which has a duopoly with CSX in the East. Association of American Railroads While I believe CSX is a better-run railroad than NSC with a focus on commodities and merchandise (which I prefer over ...
CSX Named One of America's 2024 Climate Leaders by USA TODAY
Newsfilter· 2024-05-30 14:05
JACKSONVILLE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ:CSX) has been honored by USA TODAY as one of America's Climate Leaders 2024. This marks the second consecutive year that CSX has been ranked among U.S. companies for achieving significant reductions in emissions intensity between 2020 and 2022. "CSX is proud to be recognized by USA TODAY for our commitment to improving our carbon footprint through meaningful emissions reductions," said Joe Hinrichs, president and chief executive of ...