U.S. Markets closed

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

Related Articles

U.S. pilot program allows online grocery shopping with food stamps

Norway stocks higher at close of trade; Oslo OBX up 0.22%

Russia stocks lower at close of trade; MOEX Russia down 0.29%