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Q3 2016 EPS Estimates for CSX Co. Decreased by BB&T Corp.
2016-04-18 11:02:32| Railroads - Topix.net
Analysts at BB&T Corp. dropped their Q3 2016 EPS estimates for shares of CSX in a report released on Thursday, according to Zacks Investment Research . BB&T Corp. analyst M. Levin now expects that the brokerage will post earnings per share of $0.48 for the quarter, down from their prior estimate of $0.49.
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CSX Co. (CSX) Price Target Cut to $26.00 by Analysts at Barclays
2016-04-18 04:10:19| Railroads - Topix.net
Barclays' target price suggests a potential upside of 0.27% from the stock's current price. CSX has been the subject of a number of other research reports.
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Q1 2016 EPS Estimates for CSX Co. (CSX) Raised by Analyst
2016-04-16 16:45:24| Railroads - Topix.net
Equities researchers at Scotiabank lifted their Q1 2016 earnings per share estimates for shares of CSX in a research report issued to clients and investors on Tuesday, Zacks Investment Research reports. Scotiabank analyst T. Quettawala now forecasts that the firm will post earnings per share of $0.39 for the quarter, up from their prior forecast of $0.38.
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CSX Profit Meets Estimates as Cost Cuts Help Offset Coal Slump
2016-04-14 09:17:03| Railroads - Topix.net
CSX Corp.'s first-quarter profit met analysts' estimates as cost cuts helped make up for a drop in coal and oil carloads at the largest railroad in the eastern U.S. Earnings fell to 37 cents a share from 45 cents a year earlier, CSX said in a statement Tuesday, in line with the average of 25 forecasts compiled by Bloomberg. Sales fell 14 percent to $2.62 billion.
Tags: cost
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CSX Faces an Uphill Climb in 2016
2016-04-13 20:44:18| Railroads - Topix.net
Railroads have been a casualty of the rapid change in the energy markets, with the emergence of cheap natural gas putting a huge dent in the demand for rail shipments of coal. CSX have substantial exposure to the coal-rich Appalachian region, and coming into CSX's first-quarter financial report Tuesday, investors had expected that the company would continue to see earnings and revenue declines.
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