CSX (CSX) PT Raised to $84 at RBC Capital

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Go back to CSX (CSX) PT Raised to $84 at RBC Capital

CSX Announces Record Third Quarter 2018 Financial Results

October 16, 2018 4:02 PM EDT

JACKSONVILLE, Fla., Oct. 16, 2018 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced third quarter 2018 net earnings of $894 million, or $1.05 per share, versus $459 million, or $0.51 per share in the same period last year (a 106 percent increase). CSXs operating ratio set a company third quarter record of 58.7 compared with 68.4 percent in the prior year (a 970 basis point improvement).

This quarter highlights the progress towards our transformation as we aim to deliver industry leading service to our customers, said James M. Foote, president and chief executive officer. I am proud... More