CSX Corporation (CSX) Presents at UBS Global Industrials and Transportation Conference Transcript
Shareholder-friendly initiatives bode well for the Zacks Transportation-Railroad industry. UNP and CSX are well-poised to capitalize on the bullishness.
CSX Corporation ( CSX ) Baird 55th Annual Global Industrial Conference November 11, 2025 10:05 AM EST Company Participants Kevin Boone - Executive VP & CFO Conference Call Participants Daniel Moore - Robert W. Baird & Co. Incorporated, Research Division Presentation Daniel Moore Robert W.
Equinix is the most prominent colocation data center provider in the industry having developed the most widespread network of data centers in the world. CSX is a railroad company operating 20,000 route miles in 26 states in the eastern U.S. with access to over 70 ocean, lake, and river port terminals. The Texas Instruments position was eliminated due to industry headwinds blunting progress on the investment thesis.
CSX Corporation is rated Hold due to operational improvements but persistent macro headwinds limiting near-term upside. CSX's network efficiencies, infrastructure upgrades, and intermodal share gains support a stronger outlook for 2026 and beyond. Current earnings are weighed down by weak coal, soft industrial volumes, and pricing pressures, with macro conditions remaining challenging.
CSX beat third-quarter earnings estimates but sees 1% revenue slip year over year as weak coal and merchandise volumes weighed on results.
CSX's Q3 2025 revenue of $3.59 billion slightly missed expectations year-over-year but beat consensus, with adjusted EPS of $0.44 surpassing estimates despite a goodwill impairment. Excluding a one-off $164 million goodwill impairment related to Quality Carriers, CSX's adjusted EPS would have been approximately $0.51, showcasing stronger underlying profitability. Operational efficiency improved, with car miles per day increasing to 136.6 and enhanced fuel efficiency, alongside strategic expansion of intermodal services in the Northeast.
CSX Corporation (NASDAQ:CSX ) Q3 2025 Earnings Call October 16, 2025 4:30 PM EDT Company Participants Matthew Korn - Head of Investor Relations Stephen Angel - CEO, President & Director Michael Cory - Executive VP & COO Kevin Boone - Executive VP & Chief Commercial Officer Sean Pelkey - Executive VP & CFO Conference Call Participants Brian Ossenbeck - JPMorgan Chase & Co, Research Division Stephanie Benjamin Moore - Jefferies LLC, Research Division Christian Wetherbee - Wells Fargo Securities, LLC, Research Division Ken Hoexter - BofA Securities, Research Division Ariel Rosa - Citigroup Inc., Research Division Jonathan Chappell - Evercore ISI Institutional Equities, Research Division Scott Group - Wolfe Research, LLC Brandon Oglenski - Barclays Bank PLC, Research Division Thomas Wadewitz - UBS Investment Bank, Research Division Walter Spracklin - RBC Capital Markets, Research Division Ravi Shanker - Morgan Stanley, Research Division Richa Harnain Jason Seidl - TD Cowen, Research Division Jordan Alliger - Goldman Sachs Group, Inc., Research Division Jeffrey Kauffman - Vertical Research Partners, LLC David Vernon - Sanford C. Bernstein & Co., LLC.
Although the revenue and EPS for CSX (CSX) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
CSX (CSX) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.46 per share a year ago.
The biggest movers on the day were the Nasdaq, +148 points or +0.66%, and the small-cap Russell 2000 +24 points, +0.97%.
Beyond analysts' top-and-bottom-line estimates for CSX (CSX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2025.