CSX Corporation (CSX)
CSX Corporation (CSX) Q3 2024 Earnings Call Transcript
CSX Corporation (NASDAQ:CSX ) Q3 2024 Results Conference Call October 16, 2024 4:30 PM ET Company Participants Matthew Korn - Head of Investor Relations and Strategy Joe Hinrichs - President and Chief Executive Officer Mike Cory - Executive Vice President and Chief Operating Officer Kevin Boone - Executive Vice President and Chief Commercial Officer Sean Pelkey - Executive Vice President and Chief Financial Officer Conference Call Participants Brian Ossenbeck - JPMorgan Ari Rosa - Citi Jonathan Chappell - Evercore ISI Scott Group - Wolfe Research Tom Wadewitz - UBS Brandon Oglenski - Barclays Christian Wetherbee - Wells Fargo Daniel Imbro - Stephens Jordan Alliger - Goldman Sachs Stephanie Moore - Jefferies Ken Hoexter - Bank of America Ben Nolan - Stifel Jason Seidl - TD Cowen Walter Spracklin - RBC Capital David Vernon - Sanford Bernstein Operator Thank you for standing by. My name is Jay, and I will be your conference operator today.
Small-Cap Russell Dominates Stock Market Hump Day
Many stocks in the Russell 2000 are small community banks, and we've seen big banks perform very well overall so far in Q3 earnings season.
Compared to Estimates, CSX (CSX) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for CSX (CSX) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
CSX (CSX) Misses Q3 Earnings and Revenue Estimates
CSX (CSX) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.42 per share a year ago.
Why CSX (CSX) is Poised to Beat Earnings Estimates Again
CSX (CSX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
What To Expect From CSX's Q3?
CSX Stock (NYSE: CSX) will report its Q3 2024 results on Wednesday, Oct 16. We expect the company's revenues to come in at $3.7 billion and earnings at $0.49 per share, marginally ahead of the consensus estimate.
CSX Corporation: 60% Operating Ratio Finally In Sight, Earnings Preview
CSX will soon report Q3 Earnings. The company is seeing a rebound in key commodities, though coal is struggling. The company is on its way to report strong FCF, but its debt keeps increasing.
Exploring Analyst Estimates for CSX (CSX) Q3 Earnings, Beyond Revenue and EPS
Evaluate the expected performance of CSX (CSX) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
CSX (CSX) Reports Next Week: Wall Street Expects Earnings Growth
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.
Here's Why Investors Should Retain CSX Stock for Now
CSX's efforts to reward shareholders bode well for the company. However, a surge in operating expenses is a major headwind.
Pick CSX Over Norfolk Southern Stock?
Given its better valuation and prospects, we think CSX stock (NYSE: CSX) is a better pick than its peer – Norfolk Southern stock (NYSE: NSC). NSC stock trades at 21x forward expected earnings, versus 17x for CSX.
CSX: Expect Short And Long-Term Growth
CSX is poised for long-term and short-term growth. History of CSX dates back to the founding of the Baltimore & Ohio railroad in 1828. CSX CEO emphasizes the importance of rebuilding trust with employees and customers for the railroad's success.
