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CSX Corp. (CSX) Stock Gains in After-Hours Trading After Reporting Earnings
2015-01-13 23:29:47| Railroads - Topix.net
CSX reported earnings of 49 cents a share for the fourth quarter, in line with analysts' expectations for the quarter. The company recorded revenue of $3.2 billion for the fourth quarter, a 5.6% increase from the year-ago quarter, compared to analysts' estimates of $3.18 billion.
Tags: stock
trading
reporting
corp
CSX Posts Higher Quarterly Profit
2015-01-13 23:29:46| Railroads - Topix.net
CSX Corp , the third-largest U.S. railroad, on Tuesday reported a higher quarterly profit that was in line with analyst expectations and said it expected a strong increase in its freight business and double-digit earnings growth during 2015. CSX's fourth-quarter profit rose on the back of an 11 percent rise in coal shipments, a 5 increase in intermodal and 5 percent for its "merchandise" shipments that include agricultural, chemical and construction products.
Tags: posts
higher
profit
quarterly
Uncertainty Shrouds Q4 Earnings Announcement For CSX
2015-01-13 15:20:34| Railroads - Topix.net
The company recorded a dip of 2.2% in its operating ratio in the third quarter earnings for the current year leaving the ratio at 69.7%. The company plans to add 300 new locomotives over the next few years, with the first batch of 100 units being added in the coming year.
Tags: announcement
earnings
uncertainty
csx
Movers & Shakers: Alcoa, CSX, GameStop expected to trade actively Monday
2015-01-13 07:01:18| Railroads - Topix.net
Among the companies whose shares are expected to see active trade in Tuesday's session are Alcoa Inc., CSX Corp., and GameStop Corp. is scheduled to release holiday sales data. Analysts expect the video game retailer to report fourth-quarter same store sales growth of 1.1%.
Tags: monday
trade
expected
actively
Cheaper Fuel Works on CSX Railroad
2015-01-13 00:41:56| Railroads - Topix.net
Like trains themselves-which can take a mile to stop and can't swerve-railroad operators aren't very nimble. But that drawback may result in an unexpected bonanza for the likes of CSX Corp. It will be the first big U.S. railroad to report results for the latest quarter Tuesday and may overshoot.
Tags: works
fuel
cheaper
railroad
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