CSX (CSX) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for CSX, with a focus on how actual results compare to estimates, which could significantly impact stock price [1] Earnings Expectations - CSX is expected to report quarterly earnings of $0.48 per share, reflecting a year-over-year increase of +14.3% [2] - Revenue projections stand at $3.71 billion, indicating a rise of 3.9% from the same quarter last year [2] Estimate Revisions - The consensus EPS estimate has been revised down by 0.66% over the last 30 days, indicating a bearish sentiment among analysts regarding CSX's earnings prospects [3] - The Most Accurate Estimate for CSX is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.59% [6][7] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a favorable Zacks Rank [5] - CSX currently holds a Zacks Rank of 3, making it challenging to predict a beat on the consensus EPS estimate [7] Historical Performance - In the last reported quarter, CSX exceeded the expected earnings of $0.48 per share by delivering $0.49, resulting in a surprise of +2.08% [8] - Over the past four quarters, CSX has beaten consensus EPS estimates three times [8] Conclusion - While CSX does not appear to be a compelling candidate for an earnings beat, investors should consider other factors before making investment decisions [9]