Q3, CSX
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CSX Corporation (NASDAQ:CSX) traded higher in postmarket action after it led off the earnings season for the rails sector. Revenue fell 0.8% year-over-year to $3.59 billion, topping the consensus estimate by $20 million.
Investors looked past a 22% drop in CSX’s third quarter earnings Thursday and focused on the direction the railroad's new CEO might take it and the possibility of any strategic
CSX’s earnings fell 22% in the third quarter as the railroad wrapped up two major construction projects that were limiting traffic. The Jacksonville, Florida-based company said Thursday it
CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed transcontinental Union Pacific railroad or fire outgoing CEO ...