Market Overview

CSX: Q2 Earnings Insights

Share:

Shares of CSX (NASDAQ:CSX) decreased 1.47% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 39.81% over the past year to $0.65, which beat the estimate of $0.64.

Revenue of $2,255,000,000 decreased by 26.33% year over year, which missed the estimate of $2,300,000,000.

Looking Ahead

CSX hasn't issued any earnings guidance for the time being.

CSX hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jul 22, 2020

Time: 04:30 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.csx.com%2Fnews-and-events%2Fevents-and-presentations%2Fdefault.aspx&eventid=2403366&sessionid=1&key=F2874CAE6A27A9F7C4A88F5AA7C1563E&regTag=&sourcepage=register

Technicals

52-week high: $80.62

52-week low: $46.81

Price action over last quarter: Up 17.44%

Company Overview

Operating in the eastern United States, Class 1 railroad CSX generated revenue of roughly $12 billion in 2019. On its approximate 21,000 miles of track, CSX hauls shipments of coal products (17% of consolidated revenue), chemicals (20%), intermodal containers (15%), automotive cargo (10%) and a diverse mix of other merchandise.

 

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Posted-In: Earnings