CSX (CSX) Misses Q4 Earnings and Revenue Estimates

分组1 - CSX reported quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.42 per share, and down from $0.42 per share a year ago, representing an earnings surprise of -6.14% [1] - The company posted revenues of $3.51 billion for the quarter, missing the Zacks Consensus Estimate by 1.15%, and down from $3.54 billion year-over-year [2] - CSX has surpassed consensus EPS estimates two times over the last four quarters but has not beaten consensus revenue estimates during the same period [2] 分组2 - The stock has added about 0.8% since the beginning of the year, outperforming the S&P 500's gain of 0.4% [3] - The current consensus EPS estimate for the coming quarter is $0.41 on revenues of $3.55 billion, and for the current fiscal year, it is $1.89 on revenues of $14.71 billion [7] - The Zacks Industry Rank for Transportation - Rail is currently in the bottom 11% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8] 分组3 - The estimate revisions trend for CSX was unfavorable ahead of the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting expected underperformance in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - Canadian Pacific Kansas City, another stock in the same industry, is expected to report quarterly earnings of $0.99 per share, reflecting a year-over-year change of +7.6% [9]