First look: CSX Q3 earnings

CSX Corp. (NASDAQ: CSX) reported third quarter operating income of $1.09 billion and net earnings of $694 million, or $0.37 per share. Excluding a non-cash goodwill impairment of $164 million, adjusted operating income for the quarter was $1.25 billion and adjusted net earnings were $818 million, or $0.44 per share. Earnings for the Jacksonville, Fla.-based company beat analysts’ consensus forecast of $0.42 cents per share. It was the first earnings report under new chief executive Steve Angel, who succe ...