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CSX: My Q2 2015 Buy
2015-07-20 12:31:12| Railroads - Topix.net
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CSX Stock Gets Estimates Cut at BMO Capital
2015-07-17 02:01:19| Railroads - Topix.net
For 2015 the firm cut its earnings estimates to $2.06 from $2.08 per share. For 2016 analysts lowered earnings estimates to $2.27 from $2.31 per share.
Tags: stock
capital
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estimates
Jacksonville-based CSX warns it will be hard to hit profit goals for year
2015-07-15 23:57:38| Railroads - Topix.net
CSX expects faltering demand for coal and crude oil to slow profit growth this year, but the railroad will limit expenses and work to raise rates to compensate. Railroad executives said Wednesday it will be difficult to deliver results near the upper end of their forecast for mid-to-high single-digit earnings per share growth in 2015.
CSX Corporation (CSX) Delivers On The Trust Shown By Hedgies With Record Income
2015-07-15 06:24:24| Railroads - Topix.net
CSX Corporation shares are up by about 3.24% in after-hours trading after the $31.34 billion transportation company reported an all-time high EPS of $0.56, compared to the $0.53 estimated by analysts. Although the company's revenues declined by 6% on a year-over-year basis to about $3.05 billion, the company lowered its expenses by 9% en route to delivering an all-time high operating ratio of 66.8% during the second trimester.
Tags: with
shown
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corporation
More efficient operations helps CSX beat estimates, despite revenue drop
2015-07-15 06:24:23| Railroads - Topix.net
Despite a disappointing second quarter for Class 1 railroads, CSX Corp was able to remain above the fray, beating analyst's earnings per share estimates by 3 cents and growing year-over-year net earnings by nearly 5 percent to $553 million. The market liked what it saw: CSX closed at $32.07 per share but jumped in afterhours trading after earnings were released, peaking at $32.29 shortly after 5 p.m. Although the company's revenue declined by 6 percent to $3.06 billion, CSX posted earnings per share of 56 cents per share.
Tags: operations
drop
helps
beat
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