A Preview Of CSX's Q4 Earnings
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
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:
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.
Posted-In: Earnings News Previews Trading Ideas