CSX Reports Q3 Earnings Exceeding Expectations

Reported 13 days ago

CSX (CSX) announced Q3 earnings of $0.44 per share, surpassing predictions of $0.42, although it marked a decline from $0.46 per share last year. The company generated $3.59 billion in revenue, slightly below the Zacks Consensus Estimate. Despite a strong earnings surprise of +4.76%, CSX's stock underperformed the market this year, and future performance may hinge on management’s insights during the earnings call. The stock currently holds a Zacks Rank #4 (Sell), indicating expected underperformance in the near term.

Source: YAHOO

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