Railway giant CSX Corp delivered better than expected Q3 earnings, though earnings fell 4% as weakness in coal and intermodal dragged revenues lower. $CSX train velocity improved 13% to record levels while car dwell remained relatively stable near record levels.
CSX Railroad Earnings Lower as Intermodal Volume Decreased
Railway giant CSX Corp delivered worse than expected Q2 earnings. Favorable mix and pricing gains across most markets were more than offset by intermodal volume decreases and lower other revenue. $CSX was down over 6% on the release
CSX Railroad Earnings Beat With Record Operating Ratio
Railway giant CSX Corp delivered better than expected Q3 earnings. $CSX achieved a record operating rartio with increases in fuel recovery, price rises and volume growth in most markets. Railway companies Canadian Pacific $CP and Kansas City Southern $KSU report later this week.
CSX Delivers Strong Railroad Earnings With Coal Volumes Rising
Railway giant CSX Corp delivered better than expected Q2 earnings. Coal volumes were 7% higher. Increases in fuel recovery, price rises and volume growth in most markets, helped $CSX. Railway companies Canadian Pacific $CP and Kansas City Southern $KSU report later this week.
CSX Delivers Strong Railroad Earnings, Gains From Tax Reform
Railway giant $CSX delivered better than expected Q4 earnings and posted a $3.6 billion gain from the new Tax laws. Other railway companies Canadian Pacific $CP and Kansas City Southern $KSU report later in the week.
Railway Earnings Help Guage Health of Economic Recovery
Railway companies have long been a favorite of investor legend Warren Buffett. We get to guage the underlying strength he looks for with earnings from railway giants $CSX, Canadian Pacific $CP and Kansas City Southern $KSU.