CSX Third-Quarter Profit Rises 52% to $1.05 Billion
CSX reported third-quarter net earnings of $1.05 billion, or $0.57 per share, up from $694 million a year earlier. The company cited higher revenue and operating income as freight volumes strengthened across key markets.
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09:07:43 PM UTC
SquawkNews
Freight rail services provider CSX NASDAQ:CSXreported revenue ahead of Wall Street’s expectations in Q3 2026, with sales up 12% year on year to $4.02 billion. Its GAAP profit of $0.57 per share was 7.3% above analysts’ consensus estimates.CSX (CSX) Q3 2026 highlights:Company overviewEstablished as…
WASHINGTON (dpa-AFX) — CSX Corp. (CSX) said Wednesday that third-quarter profit climbed 52 percent, supported by higher revenue and operating income as freight volumes improved across key markets. Net earnings reached $1.05 billion, or $0.57 per share, compared with $694 million.