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CSX rises on Q1 earnings beat, revenue increases 9% year-over-year

Yahoo Finance

Yahoo Finance Live’s Julie Hyman breaks down the rise in stock for CSX following first-quarter earnings.

Video transcript

JULIE HYMAN: We've got a trending ticker for you. That's CSX. The railroad company out with a bead on the top and the bottom line. It saw earnings rise 15%. Revenue was up 9% year-over-year. The revenue boost was thanks to solid merchandise and coal-volume growth, higher fuel surcharges, and price and gains. Shares are chugging along higher this morning up 2.2%.