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CSX Earnings Beat, Revenue Inline In Q1

Investing.com - CSX (NASDAQ:CSX) reported first quarter earnings that Beat analysts' expectations on Tuesday and revenue that was inline with forecasts.

The firm reported earnings per share of $1.02 on revenue of $3.01B. Analysts polled by Investing.com anticipated EPS of $0.91 on revenue of $3.01B. That compared to EPS of $0.78 on revenue of $2.88B in the same period a year earlier. The company had reported EPS of $1.01 on revenue of $3.14B in the previous quarter.

CSX shares gained 5.56% to trade at $80.11 in after-hours trade following the report.

CSX follows other major Transportation sector earnings this month


On March 19, FedEx reported third quarter EPS of $3.03 on revenue of $17B, compared to forecasts of EPS of $3.08 on revenue of $17.58B.

Delta Air Lines earnings Beat analysts' expectations on April 10, with first quarter EPS of $0.96 on revenue of $10.42B. Investing.com analysts expected EPS of $0.91 on revenue of $10.41B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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