CSX Stock Recent News

JACKSONVILLE, Fla., May 17, 2024 (GLOBE NEWSWIRE) -- CSX's Pride in Service initiative was awarded Gold in Engage for Good's (E4G) 22nd Annual Halo Awards for Best Employee Engagement Initiative and Silver for Best Direct Service Initiative.

JACKSONVILLE, Fla., May 15, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Financial Officer, Sean Pelkey, will address the 17th Annual Wolfe Research Global Transportation & Industrials Conference in New York on Wednesday, May 22, at 8:35 a.m. Eastern time.

CSX (NYSE: CSX) recently reported its Q1 results, with revenues and earnings marginally above the street estimates. The company reported revenue of $3.68 billion and earnings of $0.46 per share, compared to the consensus estimates of $3.66 billion and $0.45, respectively.

Courtney Garcia, senior wealth advisor at Payne Capital Management, joins CNBC's 'Power Lunch' to discuss her take on three stocks: D.R. Horton Inc, CSX, and Las Vegas Sands.

CSX's first-quarter 2024 revenues are hurt by lower fuel surcharge, decline in other revenues, lower trucking revenues, and reduced export coal prices.

CSX Corporation NASDAQ: CSX is a leading North American freight railroad operator. The railroad and railway sub-sector operates within the broader transportation sector.

CSX Corp. is taking a sales hit of up to $30 million a month following the Baltimore bridge collapse, although analysts still see plenty of positives in the railroad operator's first-quarter results, which it reported late Wednesday.

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.

Tell me if this sounds familiar: market indices couldn't hold onto morning gains.

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.