JACKSONVILLE, Fla., April 30, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced that it has secured the ratification of new five-year collective bargaining agreements with the Brotherhood of Railroad Signalmen (BRS) and the International Brotherhood of Boilermakers, Iron Ship Builders, Forgers & Helpers (IBB). “Ratifying these agreements reflects the trust we’ve built with union leadership and our shared commitment to the people who keep our company running,” said Joe Hinrichs, Presiden ...

JACKSONVILLE, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced its latest group of high-ranking properties to receive CSX Select Site designation under the industrial development program. Eighteen sites across 12 states have earned a gold, silver, or bronze rating based on an evaluation of a wide range of site characteristics. CSX worked with more than 29 communities to gather information and identify top candidates for the Select Site program, which connects expanding ...

美国最高法院驳回CSX运输公司对诺福克南方公司的反垄断诉讼。 ...

It's been about 3 months since I wrote an article titled "CSX: Continue to Avoid. (NASDAQ: CSX ). You'll never guess what my recommendation was. Since then, the shares are down about 16% against a loss of about 13% for the S&P 500, soI'm a quant investment newsletter writer who marries fundamental analysis with the latest research in momentum. Over the past few years, I’ve developed a piece of software that helps me track the level of optimism and pessimism embedded in stock price. I seek to challenge the a ...

CSX Corporation (CSX) reported disappointing first-quarter 2025 results, wherein both earnings and revenues lagged the Zacks Consensus Estimate. Quarterly earnings per share of 34 cents missed the Zacks Consensus Estimate of 37 cents and decreased 26% on a year-over-year basis on the back of lower revenues.Total revenues of $3.42 million missed the Zacks Consensus Estimate of $3.47 million and declined 7% year over year. The downside was owing to a decline in coal revenues, fuel surcharge, and merchandise v ...

CSX Corp. CSX posted weaker-than-expected first-quarter results after Wednesday’s closing bell.CSX reported quarterly GAAP earnings of 34 cents per share, which missed the analyst consensus estimate of 37 cents. Quarterly revenue came in at $3.42 billion, missing the $3.46 billion consensus estimate, as declines in coal revenue, fuel surcharge and merchandise volume were only partially offset by the effects of higher merchandise pricing and growth in intermodal volume."CSX faced operational challenges to st ...

Financial Data and Key Metrics Changes - Total revenue for the quarter was $3.4 billion, down 7% from the same period last year, primarily due to lower benchmark coal prices and reduced fuel surcharge [10][44] - Earnings per share decreased by 24%, reflecting the impact of reduced revenues and network performance challenges [10][44] - Total volume decreased by 1% compared to last year, with intermodal volumes increasing by 2% [9][10] Business Line Data and Key Metrics Changes - Merchandise business saw both revenue and volume decline by 2%, while revenue per unit (RPU) increased by 1% year-over-year [30] - Coal revenue declined by 27% on a 9% lower volume, with all-in coal RPU down 20% year-over-year [36] - Intermodal revenue was down 3% despite a 2% increase in volume, with RPU lower by 5% due to lower fuel surcharge [39] Market Data and Key Metrics Changes - Fertilizer volume was up 2% compared to last year, while minerals volume decreased by 1% due to weather impacts [31][32] - Automotive production was slow to start the year, with volume and revenue declining by 7% and 8% respectively [34] - The overall market demand remained stable, with some areas showing strength, but operational challenges limited the ability to meet demand [28][31] Company Strategy and Development Direction - The company is focused on improving operational efficiency and stabilizing network performance amid ongoing infrastructure projects [6][14] - There is a commitment to enhancing customer service and maintaining strong relationships with customers to drive growth [8][28] - The company is optimistic about future growth opportunities, particularly in U.S. manufacturing, as it continues to attract new customers [42][56] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that the first quarter represented an earnings trough, with expectations for improvement as operational challenges are addressed [45][57] - The company is committed to running a safer, faster, and more reliable railroad, recognizing the need for better outcomes moving forward [58] - Management expressed confidence in the potential for sequential improvement in performance as the year progresses [57][58] Other Important Information - The company is investing heavily in infrastructure projects, with expectations for capital expenditures to exceed $400 million for the Blue Ridge rebuild [52] - Free cash flow was stable in the first quarter, with a commitment to returning cash to shareholders [54] Q&A Session Summary Question: Can you break down the operational challenges? - Management indicated that the challenges stem from a series of significant compounding events, including severe weather and infrastructure projects, which have affected capacity [65][70] Question: Will Q2 show typical margin improvement? - Management expects Q2 results to be better than Q1, but the pace of margin improvement will depend on macro conditions and operational improvements [76][79] Question: What about lost customer contracts? - Management clarified that there have been no lost contracts, but there were missed opportunities due to operational disruptions [89][90] Question: Can you quantify the revenue opportunities? - Management noted that some revenue opportunities were perishable, but there is a significant chance to capture demand in Q2 as operations improve [102] Question: What is the outlook for coal contracts? - Management stated that coal contracts have unique pricing structures with embedded floors, and they are currently above those levels [136] Question: What is the run rate for other revenues? - Management indicated that the current run rate for other revenues is around $115 million, with some variability expected [137]

分组1 - CSX reported quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.37 per share, and down from $0.46 per share a year ago, representing an earnings surprise of -8.11% [1] - The company posted revenues of $3.42 billion for the quarter, missing the Zacks Consensus Estimate by 1.59%, and down from $3.68 billion year-over-year [2] - CSX shares have declined approximately 13.5% since the beginning of the year, compared to the S&P 500's decline of -8.3% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.45 on revenues of $3.66 billion, and for the current fiscal year, it is $1.79 on revenues of $14.55 billion [7] - The Zacks Industry Rank for Transportation - Rail is currently in the top 10% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]

2025 FIRST QUARTER CONFERENCE CALL 4.16.2025 Forward Looking Disclosure This information and other statements by the company may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to, among other items: projections and estimates of earnings, revenues, margins, volumes, rates, cost-savings, expenses, taxes, liquidity, capital expenditures, dividends, share repurchases or other financial items, statements of management's plans, strategies and obj ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (☒) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR (☐) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 1-8022 CSX CORPORATION Indicate by a check mark whether the registrant is a shell company (as defin ...