CSX Corporation (CSX)
|Net Income (ttm)||4.08B|
|Ex-Dividend Date||Nov 29, 2022|
|Day's Range||32.22 - 32.70|
|52-Week Range||25.80 - 38.63|
|Price Target||34.51 (+6.94%)|
|Earnings Date||Jan 25, 2023|
CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It transports chemicals, agricultural and food products, automotive, minerals, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as ... [Read more]
In 2021, CSX's revenue was $12.52 billion, an increase of 18.32% compared to the previous year's $10.58 billion. Earnings were $3.78 billion, an increase of 36.75%.Financial Statements
According to 34 analysts, the average rating for CSX stock is "Buy." The 12-month stock price forecast is $34.51, which is an increase of 6.94% from the latest price.
Despite macroeconomic headwinds serving as a backdrop for 2023, Eastern U.S. railroad CSX sees its improving service metrics as an opportunity to garner new business and expand network capacity. The ...
CSX's revenues of $3,730 million in fourth-quarter 2022 surpass the Zacks Consensus Estimate of $3,722.1 million.
CSX (CSX) delivered earnings and revenue surprises of 4.26% and 0.21%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
OMAHA, Neb. — CSX railroad hauled in 9% more profit in the fourth quarter even though it carried less cargo because it received more money for fuel surcharges and higher shipping rates.
JACKSONVILLE, Fla., Jan. 25, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced fourth quarter 2022 operating income of $1.46 billion compared to $1.37 billion in fourth quarter 2021. Ne...
Earnings Exchange: IBM, CSX, AAL & LUV
Delano Saporu, New Street Advisors CEO, joins ‘The Exchange' to discuss a few stocks ahead of earnings, including IBM, CSX, Southwest and American Airlines.
Higher inflation has resulted in some shippers turning to low-cost alternatives, such as railroads.
CSX (CSX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WASHINGTON — The near-term future of freight rail might be one marked by collaboration, whether that's through private or public partnerships among other supply chain stakeholders or between the railr...
After watching the Nasdaq lose roughly a third of its value in 2022, investors might rightly be wary of that particular stock exchange. However, the truth is that there are still plenty of Nasdaq stoc...
Four Class I railroads want the Surface Transportation Board to pause the implementation of an arbitration program to resolve rail rate disputes involving smaller financial amounts. CSX (NASDAQ: CSX),...
JACKSONVILLE, Fla., Jan. 05, 2023 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) today announced that the Central South Carolina Megasite in Lugoff, South Carolina, has been designated a CSX Select Site.
Employment numbers with the U.S. operations of the Class I railroads in mid-November were the highest since the start of the COVID-19 pandemic in North America, according to data collected by the Surf...
JACKSONVILLE, Fla., Dec. 21, 2022 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release fourth quarter financial and operating results after the market close on Wednesday, January 25, 2023. This wi...
An analyst firm has come out with some rail stocks to watch in 2023, now that concerns about a disruptive strike have ebbed. President Joe Biden signed a bill earlier this month imposing a deal on rai...
Jim Cramer said Friday he likes Caterpillar, Illinois Tool Works and CSX heading into 2023.
A number of Class I railroads have recently earned recognition for efforts to follow guidelines promoting environmental, social and governance (ESG) values. Rail technology provider Wabtec also receiv...
Rail operator CSX Corp is changing its workforce attendance policy for unexpected, short-term medical absences next year after U.S. railroads' sick-time policies became a flashpoint in national labor ...
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House passes bill to avert rail strike
Fertilizer Institute President and CEO Corey Rosenbusch discusses the impact on multiple industries, especially fertilizer if Congress failed to pass timely rail vote. Subscribe to Fox Business!