JACKSONVILLE, Fla., April 30, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced that it has secured the ratification of new five-year collective bargaining agreements with the Brotherhood of Railroad Signalmen (BRS) and the International Brotherhood of Boilermakers, Iron Ship Builders, Forgers & Helpers (IBB).
JACKSONVILLE, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced its latest group of high-ranking properties to receive CSX Select Site designation under the industrial development program. Eighteen sites across 12 states have earned a gold, silver, or bronze rating based on an evaluation of a wide range of site characteristics.
CSX's financial performance is uninspired, with declining revenue, net income, and operating income, indicating a period of slow growth. The dividend yield of 1.9% requires an unrealistic 17.7% CAGR to match the 10-Year Treasury Note, making CSX less attractive. Treasuries offer better risk-adjusted returns compared to CSX, with guaranteed cash returns and potential capital gains.
CSX's first-quarter 2025 revenues are hurt by declines in coal revenues, fuel surcharges, and merchandise volume.
CSX Corporation (NASDAQ:CSX ) Q1 2025 Earnings Conference Call April 16, 2025 4:30 PM ET Company Participants Matthew Korn - Head of Investor Relations and Strategy Joseph 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 Tom Wadewitz - UBS Brandon Oglenski - Barclays Jonathan Chappell - Evercore ISI Ari Rosa - Citigroup Brian Ossenbeck - JPMorgan Christian Wetherbee - Wells Fargo Ken Hoexter - Bank of America Jordan Alliger - Goldman Sachs Jason Seidl - TD Cowen Ravi Shanker - Morgan Stanley Daniel Imbro - Stephens Walter Spracklin - RBC Capital Markets David Vernon - Bernstein Bascome Majors - Susquehanna Jeffrey Kauffman - Vertical Research Partners Operator Ladies and gentlemen, thank you for standing by. My name is Krista and I will be your conference operator today.
While the top- and bottom-line numbers for CSX (CSX) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
CSX (CSX) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.46 per share a year ago.
Railroad operator CSX reported first-quarter revenue and profit below Wall Street estimates on Wednesday, as gains in intermodal were offset by a decline in coal revenue and fuel surcharge.
JACKSONVILLE, Fla., April 16, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced first quarter 2025 operating income of $1.04 billion compared to $1.34 billion in the prior year period. Net income was $646 million, or $0.34 per diluted share, compared to $880 million, or $0.45 per diluted share, in the same period last year. 1
Get a deeper insight into the potential performance of CSX (CSX) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
CSX's first-quarter 2025 top line is expected to have been significantly affected by weak demand and a new tariff policy.
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.