CSX Corp. CSX launched its first-quarter outcomes after Wednesday’s closing bell. This is a take a look at the important thing figures from the report.
The Particulars: CSX reported quarterly GAAP earnings of 34 cents per share, which missed the analyst consensus estimate of 37 cents. Quarterly income got here in at $3.42 billion, lacking the $3.46 billion consensus estimate, as declines in coal income, gasoline surcharge and merchandise quantity had been solely partially offset by the results of upper merchandise pricing and development in intermodal quantity.
Complete quantity of 1.52 million items for the quarter was 1% decrease in comparison with the primary quarter of 2024.
Learn Subsequent: Chinese language TikTok Influencers ‘Expose’ Low cost Nike, Lululemon Suppliers To Bypass Trump Tariffs
“CSX confronted operational challenges to start out the 12 months, which contributed to first quarter outcomes that didn’t meet our expectations,” mentioned Joe Hinrichs, president and CEO of CSX.
“In response, our gifted and devoted staff of railroaders are working collectively to elevate our efficiency and drive success via an unsure market outlook. We’re taking focused actions to handle the community constraints posed by two main ongoing infrastructure tasks, and we stay dedicated to securely and reliably serving our clients,” Hinrichs mentioned.
CSX Value Motion: In line with knowledge from Benzinga Professional, CSX shares had been down 1.28% after-hours at $27.15 on Wednesday.
Learn Extra:
Picture: Shutterstock
Market Information and Knowledge delivered to you by Benzinga APIs
© 2025 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.