Railroad operator CSX falls after lower-than-expected quarterly results
ReutersApr 16, 2025 8:57 PM
Shares of railroad operator CSX CSX.O fall ~1% to $27.04 in extended trading
Company reports Q1 profit of 34 cents/shr, below analysts' estimates of 37 cents/shr, according to data compiled by LSEG
CSX reports Q1 sales of $3.42 bln, below analysts' estimates of $3.47 bln
Company's coal shipping volume decreased by 8.5% in Q1
Company's operating margin for the quarter decreased to 30.4% from 36.3% in the same period last year
As of last close, stock down 15.3% YTD
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