CSX Corp reports results for the quarter ended December 31 - Earnings Summary

• CSX Corp CSX.OQ reported quarterly adjusted earnings of 42 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of twenty four analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 41 cents to 45 cents per share.

• Revenue fell 3.8% to $3.54 billion from a year ago; analysts expected $3.58 billion.

• CSX Corp's reported EPS for the quarter was 38 cents​.

• The company reported quarterly net income of $733 million.

• CSX Corp shares had risen by 3.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.7% in the last three months.​

• In the last 30 days, sixteen analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the ground freight & logistics peer group is also "buy"

Wall Street's median 12-month price target for CSX Corp is $38.00

This summary was machine generated from LSEG data January 23 at 10:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)