This post was originally published on this site
https://i-invdn-com.investing.com/news/LYNXMPED9O1ZS_M.jpg
Investing.com – CSX (NASDAQ:CSX) reported on Thursday fourth quarter earnings that topped expectations.
CSX announced earnings per share of 42 cents on revenue of $3.43 billion. Analysts polled by Investing.com anticipated EPS of 41 cents on revenue of $3.32 billion.
CSX shares lost 3.60% in after-hours trading following the report.
Revenue was driven by “growth across all major lines of business, increases in other revenue and the inclusion of Quality Carriers’ results,” the company said.
Looking ahead, the company said it would be targeting full year capital expenditures of about $2 billion.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
