Top Wall Street Forecasters Revamp CSX Expectations Ahead Of Q1 Earnings

Earnings Report - CSX Corporation is set to release its first-quarter earnings results on April 16, with analysts expecting earnings of 37 cents per share, a decrease from 46 cents per share in the same period last year [1] - Projected quarterly revenue is $3.45 billion, down from $3.68 billion a year earlier [1] Dividend Information - On February 12, CSX raised its quarterly dividend from 12 cents to 13 cents per share [1] Stock Performance - CSX shares fell 1.3% to close at $27.90 on Tuesday [2] Analyst Ratings - Stifel analyst Benjamin Nolan maintained a Buy rating and reduced the price target from $37 to $34 [7] - Raymond James analyst Patrick Brown maintained an Outperform rating and cut the price target from $37 to $34 [7] - Citigroup analyst Ariel Rosa maintained a Buy rating and lowered the price target from $39 to $36 [7] - UBS analyst Thomas Wadewitz maintained a Buy rating and reduced the price target from $39 to $36 [7] - Barclays analyst Brandon Oglenski maintained an Overweight rating and cut the price target from $38 to $35 [7]