Revenue segments as reported by the company.

Merchandise

Intermodal

Coal

Trucking

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Labor and Fringe

Purchased Services and Other

Depreciation and Amortization

Fuel

Equipment and Other Rents

Gains on Property Dispositions

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Seaboard Coast Line Railroad is a former Class I railroad company operating in the Southeastern United States beginning in 1967. Its passenger operations were taken over by Amtrak in 1971. Eventually, the railroad was merged with its affiliate lines to create the Seaboard System in 1983.

Seaboard Coast Line Railroad

Conrail is the commonly used name for modern-day Conrail (reporting mark CRCX). Conrail is an American railroad company. It operates three networks—the North Jersey, South Jersey/Philadelphia, and Detroit Shared Assets Areas, where it serves as a contract local carrier and switching company for its owners, CSX Transportation and the Norfolk Southern Railway.

Conrail

CSX Corp. engages in the provision of rail-based freight transportation services. Its services include rail service, the transport of intermodal containers and trailers, rail-to-truck transfers and bulk commodity operations. The company was founded in 1827 and is headquartered in Jacksonville, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

CSX reports robust Q4 earnings, eyes volume growth opportunities

CSX delivered strong financial results in Q4 2022, showcasing revenue and operating income growth. The company is focused on maintaining operational improvements, controlling costs, and pursuing volume growth opportunities to drive future success.

CSX reports strong Q1 earnings, eyes growth in key segments

CSX's Q1 performance reflects robust financial growth, operational excellence, and a strategic focus on customer service and safety.
While facing challenges such as cost moderation and intermodal revenue decline, CSX is leveraging opportunities in growth segments and efficiency enhancements.
The company's proactive approach to competition and industrial development projects positions it for sustained growth and improved operational efficiency.

CSX meets Q2 expectations, eyes growth in truck conversion

CSX delivered a solid performance in Q2, focusing on safety, operational efficiency, and revenue growth in key segments.
While facing challenges in intermodal revenue and market pressures on yields, CSX remains optimistic about volume growth and truck conversion opportunities.
The company aims to control costs, improve efficiency, and sustain high service levels to navigate through current market challenges and capitalize on growth opportunities.

CSX reports Q3 revenue decline, eyes efficiency and growth

CSX faced revenue decline and cost challenges in Q3 but maintained strong free cash flow. The company aims for low single-digit revenue growth in Q4, focusing on efficiency, cost control, and improving operating ratio. Emphasis on culture, growth strategy, and market trends for future success.

CSX reports mixed Q4 results, eyes margin improvement in 2024

CSX's Q4 2023 performance showed mixed results with volume growth but a slight revenue decline, with a strong emphasis on margin improvement and operational efficiency for the future.
The company's strengths lie in positive growth across key segments, safety focus, and plans for intermodal truck conversion, while facing challenges in revenue headwinds and significant expenses.
Opportunities in export markets, operational enhancements, and back-end loaded growth strategies position CSX for potential growth and performance improvements in 2024.

CSX reports solid Q1 performance, eyes margin improvement and growth

CSX's Q1 2024 performance showed resilience amidst challenges, with a focus on operational improvements, safety culture, and customer service. Despite revenue decline and lower earnings per share year-over-year, the company aims for margin improvement and cost efficiency. Opportunities lie in industrial growth and enhanced labor productivity.

CSX posts strong Q2 results, navigates challenges with resilience

CSX reported a strong quarter marked by volume growth and improved operating margins. Despite facing challenges like port constraints and operational disruptions, the company demonstrated resilience and adaptability. With a focus on safety, efficiency, and growth opportunities in key segments, CSX is well-positioned for future success.

CSX reports resilient Q3 performance, focuses on culture and growth

CSX's Q3 earnings call highlighted a strong performance amidst challenges, emphasizing the importance of service excellence, employee engagement, and safety. The company's focus on building a strong culture and teamwork has led to positive outcomes and growth in revenue.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CSX Corp. is in a tough spot as shares are down 30%. The company is suffering from worsening economic conditions, high inflation, and network inefficiencies.

Buying The CSX Corporation Crash

CSX (CSX) delivered earnings and revenue surprises of 6.12% and 3.67%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

CSX (CSX) Q3 Earnings and Revenues Surpass Estimates

CSX Corporation (NASDAQ:CSX ) Q3 2022 Earnings Conference Call October 20, 2022 4:30 PM ET Company Participants Matthew Korn - Head of Investor Relations Joe Hinrichs - Incoming President & Chief Executive Officer Jim Foote - President & Chief Executive Officer Kevin Boone - Executive Vice President of Sales & Marketing Jamie Boychuk - Executive Vice President of Operations Sean Pelkey - Executive Vice President & Chief Financial Officer Conference Call Participants Ken Hoexter - Bank of America Scott Group - Wolfe Research Ben Nolan - Stifel Amit Mehrotra - Deutsche Bank Jon Chappell - Evercore ISI Tom Wadewitz - UBS Brian Ossenbeck - JPMorgan Chris Wetherbee - Citi Justin Long - Stephens Ari Rosa - Credit Suisse Brandon Oglenski - Barclays Fadi Chamoun - BMO Ravi Shankar - Morgan Stanley David Vernon - Bernstein Operator Ladies and gentlemen, thank you for standing by. My name is Brent, and I will be your conference operator today.

CSX Corporation (CSX) Q3 2022 Earnings Call Transcript

Shares of rail operator CSX Corp. moved higher after hours on Thursday after the company reported third-quarter results that beat estimates, helped by higher prices and fuel surcharges.

CSX stock rallies after Q3 results beat, as higher prices lift results

JACKSONVILLE, Fla., Oct. 20, 2022 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced third quarter 2022 operating income of $1.58 billion compared to $1.44 billion in the prior year period. Net earnings of $1.11 billion, or $0.52 per share, compared to $968 million, or $0.43 per share in the same period last year.

CSX Corp. Announces Third Quarter Financial Results

Union Pacific

Two companies providing the backbone of U.S. transportation face ongoing headwinds.

Markets Look to Rebound, but 2 Key Stocks Are Feeling the Pain

American Express

Schlumberger

Verizon

The three major U.S. equity indexes closed higher on Tuesday, a second consecutive day of higher equity prices.

Earnings Previews: American Express, CSX, Schlumberger, Verizon

This is the fourth episode of a series that covers the North American railroad industry. The series tries to use the assessing lens of Warren Buffett since we can learn how he views his BNSF investment from his letters to Berkshire.

Looking At Railroads As Mr. Buffett Does: CSX

The management team at CSX Corp is due to report financial results for the third quarter of the company's 2022 fiscal year in a few days. Analysts have high expectations even in light of certain risks facing the firm and the industry more broadly.

CSX Q3 2022 Earnings Preview: The Brightest Prospect In The Railroad Space

CSX Corporation (NYSE: CSX) is scheduled to report its Q3 2022 results on Thursday, October 20.

Will CSX Stock Rise Post Q3 Results?

CSX third-quarter 2022 revenues are expected to have benefited from segmental strength.

CSX to Report Q3 Earnings: Will It Surpass Expectations?

CSX (CSX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why CSX (CSX) Could Beat Earnings Estimates Again

Norfolk Southern

A last-minute tentative labor agreement struck by the railroads and the two largest U.S. railroad unions dominated the headlines in the third quarter. But headcount updates, questions about rail service improvements, a surprise announcement that there is a new CEO at CSX and efforts to fully restore service in the wake of Hurricane Ian also are expected to be addressed as the Class I railroads release their Q3 2022 earnings later this month.

Freight rail's Q3 dominated by labor contract uncertainties, service issues

The third-largest maintenance workers' union opposed the deal, saying concerns over paid time off remained unaddressed

US railroad union rejects contract with employers, raising strike concerns

A union of railroad track maintenance workers has rejected a tentative agreement with the nation's freight carriers, renewing the threat that there could be a strike that shuts down this vital link in the nation's already struggling supply chain.

A railroad union rejected a deal with freight carriers, putting the supply chain at risk once

Members of the Brotherhood of Maintenance of Way Employes Division (BMWED) rejected a labor contract with the freight railroads on Monday, sending the two sides back to the bargaining table and resetting the countdown to a potential work stoppage. More than 56% of BMWED membership voted against ratification of the tentative national agreement reached with the Class I freight railroads on Sept.

Rail workers union rejects labor contract, renewing strike possibility

JACKSONVILLE, Fla., Oct. 06, 2022 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) announced that the Company's Board of Directors approved a $0.10 per share quarterly dividend on the Company's common stock. The dividend is payable on December 15, 2022, to shareholders of record at the close of business on November 30, 2022.

CSX Corp. Declares Quarterly Dividend

Yamana Gold

AT&T

Growth-oriented investors may want to consider the following stocks, since they represent businesses with price-earnings ratios below 20 that recorded significant improvements in their trailing 12-month net earnings per share over the past year and are recommended by Wall Street analysts.

3 Stocks for Growth-Oriented Investors

JACKSONVILLE, Fla., Sept. 30, 2022 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced it will contribute $200,000 to support relief and recovery efforts underway in the Florida and South Carolina communities affected by Hurricane Ian.

CSX Contributes $200,000 to Hurricane Ian Relief Efforts

The heavy selling pressure might have exhausted for CSX (CSX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

After Plunging 14.1% in 4 Weeks, Here's Why the Trend Might Reverse for CSX (CSX)

Shares of CSX Corp. and Norfolk Southern Corp. both sank toward the lowest levels in nearly two years, after UBS analyst Thomas Wadewitz backed away from his long-time bullish stances on the railroad operators, citing a “deteriorating” economic outlook.

CSX, Norfolk Southern stocks sink to near 2-year lows after UBS downgrades, citing a ‘deteriorating' outlook

CSX Corp (NASDAQ:CSX) today received a bear note from UBS, with the analyst downgraded the equity to "neutral" from "buy" and cutting its price-target cut to $31 from $38.

UBS Downgrades Underperforming Railroad Stock

JACKSONVILLE, Fla., Sept. 27, 2022 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release third quarter financial and operating results after the market close on Thursday, October 20, 2022. This will be followed by a conference call and live webcast hosted by the company's management team at 4:30 p.m. Eastern Time.

CSX Announces Date for Third Quarter Earnings Release and Earnings Call

The fact that there is not a freight railroad strike happening this week is a huge win for the US economy and its still struggling supply chain. But that doesn't mean that the freight railroads are providing good service to their customers.

Good news: Freight railroads are not on strike. Bad news: The service is still terrible

With four times the fuel efficiency, railroads provide cheaper shipping costs than truck lines. CSX operates in a duopoly on the east coast.

News for CSX Stock (CSX)