{"id":4168,"date":"2023-10-22T06:42:38","date_gmt":"2023-10-22T06:42:38","guid":{"rendered":"https:\/\/infundpros.com\/markets\/stocks\/csx-reports-q3-eps-miss-revenues-slightly-above-expectations\/"},"modified":"2023-10-22T06:42:39","modified_gmt":"2023-10-22T06:42:39","slug":"csx-reports-q3-eps-miss-revenues-slightly-above-expectations","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=4168","title":{"rendered":"CSX reports Q3 EPS miss, revenues slightly above expectations"},"content":{"rendered":"
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\u00a9 Reuters. CSX reports Q3 EPS miss, revenues slightly above expectations<\/span>
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CSX Corp. (NASDAQ:) reported its , with EPS of $0.42 coming in worse than the consensus estimate of $0.43.<\/p>\n

Revenue fell 8% year-over-year to $3.57 billion (vs. consensus of $3.56B) as the effects of lower fuel prices, reduced intermodal storage revenue, a decline in export coal benchmark prices, and a decrease in intermodal volumes more than offset the effects of higher merchandise yields and coal volume growth.<\/p>\n

\u201cOur merchandise business remained solid, and our coal operations delivered strong volume growth. As we approach year-end, we are proud of the cohesive culture taking shape across our ONE CSX team that is helping to drive positive business results, and we are encouraged to see improving sequential trends in some of our key end markets,\u201d said CEO Joe Hinrichs.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. CSX reports Q3 EPS miss, revenues slightly above expectations CSX Corp. (NASDAQ:) reported its , with EPS of $0.42 coming…<\/p>\n","protected":false},"author":1,"featured_media":4169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":{"0":"post-4168","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stocks"},"yoast_head":"\nCSX reports Q3 EPS miss, revenues slightly above expectations | inFundPros<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. CSX reports Q3 EPS miss, revenues slightly above expectations CSX Corp. 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