Benzinga | Oct 21, 2020 04:23PM EDT

Recap: CSX Q3 Earnings

Shares of CSX (NASDAQ:CSX) increased by 4% after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 11.11% year over year to $0.96, which beat the estimate of $0.92.

Revenue of $2,648,000,000 decreased by 11.08% from the same period last year, which missed the estimate of $2,680,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Oct 21, 2020

Time: 04:30 PM

ET Webcast URL: https://event.on24.com/wcc/r/2633997/46EAC000465E0D258A5D43D838A098FC

Recent Stock Performance

52-week high: $81.40

52-week low: $46.81

Price action over last quarter: Up 10.49%

Company Description

Operating in the eastern United States, Class I railroad CSX generated revenue of roughly $12 billion in 2019. On its approximate 21,000 miles of track, CSX hauls shipments of coal products (17% of consolidated revenue), chemicals (20%), intermodal containers (15%), automotive cargo (10%) and a diverse mix of other merchandise.