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CSX Posts Weak Earnings, Joins Lucid Group, Nokia And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were mostly higher this morning, with the Nasdaq futures gaining around 100 points on Thursday.

Shares of CSX Corporation (NASDAQ:CSX) fell sharply in today's pre-market trading after the company reported third-quarter earnings below analyst estimates.

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 ...

Full story available on Benzinga.com

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