Shares of freight rail services provider CSX (NASDAQ:CSX) fell 5.6% in the morning session after the company reported underwhelming third-quarter earnings results. Its EPS missed, and its revenue ...

Freight rail services provider CSX (NASDAQ:CSX) will be reporting earnings tomorrow after market close. Here’s what to look for. CSX met analysts’ revenue expectations last quarter, reporting ...

A CSX freight train derailed Wednesday morning after striking a rockslide in a remote area of West Virginia, injuring three crew members and spilling diesel fuel into a nearby river, according to ...

CSX Corporation (NASDAQ:CSX) is one of the largest railroad companies in America. The firm’s stock performance depends on economic activity and is down by 4% year-to-date.

CSX’s revenue declined 3% to $3.7 billion as the decline in diesel prices generated smaller fuel surcharges for the railroad. The revenue was just below the $3.73 billion that analysts predicted.

CSX stock has seen little change, moving slightly from levels of $30 in early January 2021 to around $30 now, vs. an increase of about 15% for the S&P 500 over this roughly 3-year period.

CSX’s revenue of $3.54 billion in Q4 was down 4% y-o-y, as a 1% rise in volume was more than offset by a 5% fall in average revenue per unit (ARPU). Much of this can be attributed to coal ...