CSX Analysts Slash Their Forecasts Following Weak Q3 Earnings

CSX Corporation (NASDAQ:CSX) reported downbeat third-quarter financial results after Wednesday’s closing bell.

CSX reported quarterly GAAP earnings of 46 cents per share, which missed the consensus estimate of 48 cents per share. Quarterly revenue came in at $3.62 billion, also missing the consensus estimate of $3.676 billion. The company said its total volume of 1.59 million units for the quarter was 3% higher as compared to the third quarter of 2023.

"CSX's commitment to excellent service allowed us to deliver meaningful growth in volume, operating income and ...

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