CSX said Thursday that its profit slipped 2% in the fourth quarter as the railroad dealt with weak demand and severance costs from layoffs that new CEO Steve Angel carried out last fall. The Jacksonville, Florida-based railroad said it earned $720 million, or 39 cents per share, in the quarter. That's down from $733 million, or 38 cents per share. But the results were weighed down by about $50 million in one-time costs that drug down profits by 2 cents per share. Without that, the numbers would have bee ...

Core Insights - The railroad operator experienced a decline in merchandise volume and export coal revenue, which negatively impacted overall performance despite increases in merchandise and intermodal prices, intermodal volume, and fuel surcharge revenue [1] Summary by Categories Revenue Performance - Lower merchandise volume and export coal revenue were significant factors affecting the company's revenue [1] - Increases in merchandise and intermodal prices contributed positively to revenue [1] - Fuel surcharge revenue also saw an increase, which partially offset the declines [1] Volume Analysis - The company faced a decrease in merchandise volume, which is a critical metric for assessing operational efficiency [1] - Intermodal volume increased, indicating a shift in transportation preferences or demand [1]

Other important assumptions and factors that could cause actual results to differ materially from those in the forward-looking statements are specified in the company's SEC reports, accessible on the SEC's website at www.sec.gov and the company's website at www.csx.com. 2025 FOURTH QUARTER EARNINGS CONFERENCE CALL 2025 FOURTH QUARTER CONFERENCE CALL 1.22.2026 Forward Looking Disclosure This information and other statements by the company may contain forward-looking statements within the meaning of the Priva ...

Core Viewpoint - CSX Corp. reported its fourth quarter earnings, showing a decline in both revenue and earnings per share, which missed market expectations, yet the stock price increased in after-hours trading [1][2]. Financial Performance - Quarterly earnings were reported at 39 cents per share, missing the consensus estimate of 42 cents [2]. - Revenue for the quarter was $3.51 billion, falling short of the Street estimate of $3.54 billion and down from $3.540 billion in the same period last year [2]. Revenue Drivers - The decline in revenue was attributed to lower merchandise volume and reduced export coal revenue, which was partially offset by higher pricing in merchandise and intermodal, an increase in intermodal volume, and higher fuel surcharge revenue [3]. - CEO Steve Angel noted that the results reflect a subdued industrial demand environment and adjustments made to the company's cost structure [3]. Future Outlook - The company emphasized its strong operational foundation and plans to improve financial performance by focusing on productivity, cost control, and capital discipline while maintaining safe and reliable service [4]. - Following the earnings report, CSX stock rose by 5.79% to $37.85 in after-hours trading [4].

Core Viewpoint - CSX Corp. reported fourth quarter 2025 operating income of $1.11 billion and net earnings of $720 million, reflecting a challenging industrial demand environment and cost structure adjustments [1][8]. Fourth Quarter Financial Highlights - Revenue for the fourth quarter totaled $3.51 billion, a decrease of 1% year-over-year, impacted by lower merchandise volume and reduced export coal revenue, despite higher pricing in merchandise and intermodal [8]. - Operating income was $1.11 billion, with an operating margin of 31.6%, compared to 31.3% in the previous year [8]. - Earnings per share (EPS) was $0.39, down from an adjusted EPS of $0.42 in the prior year [8]. - The fourth quarter results included approximately $50 million in severance and technology rationalization expenses, affecting EPS by $0.02 [1][8]. Full Year 2025 Financial Highlights - Total revenue for 2025 was $14.09 billion, with operating income of $4.52 billion [8]. - Adjusted operating income, excluding a $164 million goodwill impairment charge, was $4.69 billion, resulting in an operating margin of 32.1% and an adjusted operating margin of 33.2% [8]. - Full year EPS was reported at $1.54, with an adjusted EPS of $1.61 [8]. Management Commentary - The CEO emphasized the company's strong operational foundation and commitment to improving financial performance in 2026 through productivity, cost control, and capital discipline [1].

Core Viewpoint - Southwest Airlines Co. (LUV) is expected to report its fourth-quarter 2025 results on January 28, with a history of positive earnings surprises, averaging a beat of 259.13% over the last four quarters [1][2]. Financial Performance Expectations - The Zacks Consensus Estimate for LUV's fourth-quarter 2025 revenues is $7.52 billion, reflecting an 8.47% year-over-year growth [4]. - Management anticipates a 1% to 3% increase in unit revenues year-over-year, with capacity expected to rise nearly 6% [4]. - Passenger revenues are projected to increase by 7.8% compared to the fourth quarter of 2024, driven by strong domestic air-travel demand [5]. Earnings Estimates and Influencing Factors - The earnings estimate for LUV has been revised downward by 24.66% to 55 cents per share, indicating a 1.79% decline from the previous year [6][7]. - Factors such as geopolitical uncertainty, tariff pressures, and persistent inflation are expected to negatively impact LUV's operations [6][7]. - Increased labor costs and airport expenses are anticipated to pressure margins, with operating costs expected to rise by 5.9% year-over-year [9]. Cost Management and Efficiency - LUV expects its CASM-X (cost per available seat mile excluding special items) to increase by 1.5% to 2.5%, or remain flat to up 1% when excluding expected book gains from fleet transactions [10]. - The company is focused on driving efficiencies to mitigate inflationary pressures and achieve multi-year cost reduction targets [10]. Earnings Prediction Model - The earnings prediction model indicates a potential earnings beat for LUV, supported by a positive Earnings ESP of +7.27% and a Zacks Rank of 2 (Buy) [11].

Wall Street analysts forecast that Union Pacific (UNP) will report quarterly earnings of $2.90 per share in its upcoming release, pointing to a year-over-year decline of 0.3%. It is anticipated that revenues will amount to $6.14 billion, exhibiting an increase of 0.2% compared to the year-ago quarter.The current level reflects a downward revision of 1.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised th ...

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The content in this article is for informational, educational, and entertainment purposes only. This ...

Having completed the purchase of 100 Wabtec Tier 4 locomotives built in Texas in 2025, today CPKC said it will add 30 additional Tier 4 locomotives from Progress Rail in 2026 to be built in Indiana. This year, CPKC also expects delivery of 70 more Texas-built Tier 4 units from Wabtec. Continue Reading CALGARY, AB, Jan. 21, 2026 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) this year is continuing the renewal of its locomotive fleet with the world's two leading locomotive manufactur ...

The latest 13F filing from TCI Fund Management offers a crisp look at how Chris Hohn continues to express a long-duration, quality-compounder equity strategy while tactically adjusting position sizes amid a more uncertain macro backdrop.TCI remains one of the cleanest expressions of global quality investing — concentrated, benchmark-agnostic, and fundamentally driven. The portfolio continues to favor high-ROIC businesses with pricing power, recurring revenues, and strong competitive moats. The latest quarte ...