A Preview Of CSX's Q4 Earnings


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


CSX (NYSE:CSX) will release its next round of earnings Tuesday. For all of the relevant information, here is your guide for the Q4 earnings announcement.

Earnings And Revenue

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Wall Street analysts see CSX reporting earnings of 56 cents per share per share on sales of $2 billion.

CSX EPS in the same period a year ago totaled 49 cents per share. Revenue was $3 billion. If the company were to post earnings inline with the current consensus estimate when it reports Tuesday, EPS would be up 16.33 percent. Revenue would be down 4.18 percent from the same quarter last year.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 


Want Private Access to Benzinga Analyst?

Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.


Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.54 0.59 0.42 0.48
EPS Actual 0.51 0.64 0.51 0.49

 

Q4 EPS Estimate: 56 cents per share
Q4 Revenues Estimate: $2 billion

Stock Performance

Shares of CSX were trading at $59.25 as of Jan. 16. Over the last 52-week period, shares are up 54.3 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts generally rate CSX stock as Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

CSX's Q4 is scheduled to hold a conference call at 4:30 p.m. ET.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews