CSX Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Core Insights - CSX Corporation is set to release its third-quarter earnings results on October 16, with analysts expecting earnings of 42 cents per share, a decrease from 46 cents per share in the same period last year [1] - The anticipated quarterly revenue for CSX is $3.57 billion, down from $3.62 billion a year earlier [1] - Steve Angel has been appointed as the new President and CEO of CSX as of September 29 [1] Stock Performance - CSX shares increased by 0.3%, closing at $36.24 on Wednesday [2] Analyst Ratings - Citigroup analyst Ariel Rosa maintained a Buy rating and raised the price target from $40 to $41 [4] - JP Morgan analyst Brian Ossenbeck maintained an Overweight rating but reduced the price target from $41 to $40 [4] - UBS analyst Thomas Wadewitz maintained a Buy rating and increased the price target from $41 to $44 [4] - Susquehanna analyst Bascome Majors maintained a Neutral rating and lowered the price target from $35 to $34 [4] - Wells Fargo analyst Christian Wetherbee upgraded the stock from Equal-Weight to Overweight and raised the price target from $37 to $40 [4]