Previous close | 34.84 |
Open | 34.75 |
Bid | 34.08 x 600 |
Ask | 34.15 x 1200 |
Day's range | 33.92 - 34.78 |
52-week range | 29.03 - 40.12 |
Volume | |
Avg. volume | 12,437,195 |
Market cap | 66.871B |
Beta (5Y monthly) | 1.17 |
PE ratio (TTM) | 18.46 |
EPS (TTM) | 1.85 |
Earnings date | 17 Apr 2024 |
Forward dividend & yield | 0.48 (1.38%) |
Ex-dividend date | 28 Feb 2024 |
1y target est | 39.98 |
Detailed Analysis of CSX Corp's First Quarter Financial Performance
CSX dealt with weather challenges and the closure of the Baltimore port as the railroad saw its first-quarter profit slip 10%, but it still managed to keep most of its customers happy with reliable service. The analysts surveyed by FactSet Research expected CSX to report earnings per share of 45 cents. CEO Joe Hinrichs said he was reminded again of one of the key lessons he's learned in his first 18 months on the railroad: “There never really is an easy quarter.”
JACKSONVILLE, Fla., April 17, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced first quarter 2024 operating income of $1.35 billion compared to $1.46 billion in the prior year period. Net earnings were $893 million, or $0.46 per diluted share, compared to $987 million, or $0.48 per diluted share, in the same period last year. Total volume of 1.53 million units for the quarter was 3% higher compared to first quarter 2023, with intermodal volume up 7%, coal volume up 2%, and mercha