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 Corporation (NASDAQ:CSX ) Q1 2024 Earnings Call Transcript April 17, 2024 4:30 PM ET Company Participants Matthew Korn - Head of IR Joe Hinrichs - President and CEO Mike Cory - EVP and COO Kevin Boone - EVP and CCO Sean Pelkey - EVP and CFO Conference Call Participants Justin Long - Stephens John Chappell - Evercore ISI Tom Wadewitz - UBS Brian Ossenbeck - JPMorgan Scott Group - Wolfe Research Brandon Oglenski - Barclays Ken Hoexter - Bank of America Jordan Alliger - Goldman Sachs Bascome Majors - Susquehanna Jason Seidl - TD Cowen Ben Nolan - Stifel Amit Mehrotra - Deutsche Bank Walter Spracklin - RBC Capital Markets Stephanie Moore - Jefferies Ravi Shanker - Morgan Stanley JD Millan - Bernstein Research Jeff Kauffman - Vertical Research Partners Operator Good afternoon, everyone. My name is Brianna and I will be your conference operator today.

CSX Corporation (CSX) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for CSX (CSX) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

CSX (CSX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

CSX (CSX) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.48 per share a year ago.

CSX (CSX) Q1 Earnings and Revenues Surpass Estimates

CSX Corp. CSX, -1.95% reported better-than-expected first-quarter earnings after market close Wednesday, despite declining year-over-year profit. The railroad operator, whose network serves much of the eastern U.S., reported first-quarter net income of $893 million, or 46 cents a share.

CSX Q1 profit declines, but beats expectations

CSX Corp is trending up in extended hours on Wednesday after reporting upbeat financial results for its first quarter. Why is CSX stock up in after-hours?

CSX says its revenue sunk marginally in Q1

JACKSONVILLE, Fla., April 17, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced first quarter 2024 operating income of $1.35 billion compared to $1.46 billion in the prior year period. Net earnings were $893 million, or $0.46 per diluted share, compared to $987 million, or $0.48 per diluted share, in the same period last year. Total volume of 1.53 million units for the quarter was 3% higher compared to first quarter 2023, with intermodal volume up 7%, coal volume up 2%, and merchandise volume flat.

CSX Corp. Announces First Quarter 2024 Results

Railroad operator CSX Corp. reports first-quarter results after market close Wednesday, as shockwaves from last month's collapse of the Francis Scott Key Bridge in Baltimore are still reverberating through the rail industry.

Will the Baltimore Bridge collapse weigh on CSX's earnings?

Equifax

Elevance Health Inc

Intuitive Surgical

Netflix

We have narrowed our search to five large-cap stocks that are poised to beat on earnings results this week. These are: NFLX, ISRG, ELV, EFX, CSX.

5 Giants Likely to Win Big on Earnings Results This Week

JACKSONVILLE, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation. This pioneering achievement is the result of a successful partnership between CSX and Canadian Pacific Kansas City (CPKC) and demonstrates the company's commitment to innovation and environmental stewardship.

CSX Unveils Its First Hydrogen-Powered Locomotive in Collaboration with CPKC

CSX is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for CSX This Earnings Season?

JACKSONVILLE, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has announced its latest group of high-ranking properties to receive CSX Select Site designation under the industrial development program. Fourteen sites in eight states have earned a Silver or Bronze rating based on an evaluation of a wide range of site characteristics.

CSX Adds Fourteen Rail Served Properties Across Eight States to Select Site Program

Carnival

C.H. Robinson Worldwide

As the state of Maryland works to recover from the Baltimore bridge disaster, potential long-term financial consequences are becoming present. With each passing day, the gargantuan task of recovering and removing debris from the seafloor slows Baltimore's local economy.

3 Stocks That Will Be Hit Hardest by the 2024 Baltimore Bridge Disaster

CSX's cost-cutting approach is likely to have bolstered its bottom line in Q1.

Factors One Should Take Note of Ahead of CSX's Q1 Earnings

Canadian National Railway Company

Canadian Pacific Kansas City Limited

The Zacks Industry Rank for the Transportation-Rail industry paints a murky picture. Braving the industry headwinds are three stocks, CNI, CP and CSX, which investors might consider keeping on their radar.

3 Railroad Stocks to Watch From the Challenging Industry

Evaluate the expected performance of CSX (CSX) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

CSX (CSX) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

CSX's shareholder rewards and coal revenue boost are commendable. However, intermodal challenges and high operating costs persist as hurdles.

CSX's Dividend Payouts Boost Prospects Amid Cost Concerns

CSX (CSX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CSX (CSX) Expected to Beat Earnings Estimates: Should You Buy?

Norfolk Southern

The shockwaves from the collapse of the Francis Scott Key Bridge in Baltimore continue to reverberate through the rail industry.

Norfolk Southern's revenue will take a Baltimore bridge hit. This is what it means for CSX.

As experts weigh the impact of the Francis Scott Key Bridge collapse in Baltimore, CSX Corp. is the most affected among major North American railroad operators, according to analysts.

This railroad operator is most impacted by the Baltimore bridge collapse

JACKSONVILLE, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release first quarter financial and operating results after the market close on Wednesday, April 17, 2024. 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 Corporation Announces Date for First Quarter Earnings Release and Earnings Call

Arch Resources

Peabody Energy

CONSOL Energy

Ford Motor Company

General Motors

The Francis Scott Key Bridge in Baltimore was struck by a cargo ship, causing significant damage and loss of life. The accident has disrupted major supply chains, particularly in maritime transportation and the traffic situation in the Baltimore area. Automotive companies are finding alternative shipping routes, while coal exporters are facing a shutdown of coal exports for at least six weeks.

Ship Happens - Decoding The Baltimore Accident And Potential Trading Ideas

Donation builds on CSX's longstanding commitment to the Northeast Florida community and expands relationship with MOSH Donation builds on CSX's longstanding commitment to the Northeast Florida community and expands relationship with MOSH

CSX Commits $10 Million Donation to Museum of Science & History's Move to the Northbank

Automatic Data Processing

Broadcom

L3Harris

Parker-Hannifin

Starbucks

UnitedHealth Group

When it comes to the best dividend stocks in the S&P 500, Dividend Aristocrats may first come to mind. As you may know, Dividend Aristocrats are S&P 500 stocks with a 25-year or longer track record of annual dividend increases.

The 7 Best Dividend Stocks to Buy in the S&P 500: March 2024

JACKSONVILLE, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) President and Chief Executive Officer, Joe Hinrichs, will address the 2024 JP Morgan Industrials Conference in New York on Wednesday, March 13, at 8:45 a.m. Eastern time.

CSX Chief Executive Officer to Address JP Morgan Industrials Conference

Wheels Up Experience

Warren Buffett lamented two of his largest investments in this year's annual letter. The admission was somewhat shocking, given that these businesses make up significant portions of Berkshire's operating earnings.

News for CSX Stock (CSX)