CSX(CSX) - 2022 Q2 - Earnings Call Presentation

Financial Performance - Second quarter revenue increased by 28% to $3,815 million[10] - Operating income increased by 1% to $1,703 million[10] - Earnings per share increased by 4% to $0.52[10] - The operating ratio (OR) was 55.4%, including a 320 bps tailwind from the Virginia gain and a (~450) bps headwind from Quality Carriers, higher fuel prices, and Pan Am acquisition costs[10] - Operating expense increased by $813 million compared to Q2 2021[31] Revenue Highlights - Chemicals revenue increased by 10%[11] - Ag & Food Products revenue increased by 11%[11] - Minerals revenue increased by 12%[11] - Automotive revenue increased by 6%[11] - Intermodal revenue increased by 18%[11] - Coal revenue increased by 32%[11] Service and Safety - Intermodal trip plan performance was 90% on time[19] - Carload trip plan performance was 59% on time[19] - Terminal car dwell was 11.8 hours per car[19] - Train velocity was 15.3 miles per hour[19]