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CSX Earnings, Revenue Beat in Q4 -Breaking

by Mike Robinson

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© Reuters. CSX earnings beat in Q4

Investing.com – CSX (NASDAQ) reported Thursday that the fourth quarter beat analyst forecasts with revenue surpassing expectations.

CSX reported earnings per share at $0.42 on $3.43B in revenue. Investing.com polled analysts to predict EPS of $0.4135 based on $3.32B in revenue.

CSX shares fell 18% over the course of the year. This is still 7.29% below its 52-week peak of $38.01 on January 4. They are under-performing the S&P 500 which is down 5.97% from the start of the year.

Following the publication, CSX shares fell by 3.60% after hours trade.

CSX is following other significant Industrials sector earnings in this month

CSX’s latest report comes after Union Pacific, which reported EPS for $5.73B on Thursday. This compares to the forecasts EPS for $2.62 and revenue of $5.62B.

Cintas beat all expectations with 2QEPS at $2.76 per share on $1.92B in revenue, as compared to the forecast of 2QEPS at $2.65 for $1.91B.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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