CSX Shares Up 2%, Reports In-Line Q1 EPS While Revenue Beats

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CSX Announces First Quarter 2022 Financial Results

April 20, 2022 4:01 PM EDT

JACKSONVILLE, Fla., April 20, 2022 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced first quarter 2022 net earnings of $859 million, or $0.39 per share, compared to $706 million, or $0.31 per share in the same period last year. First quarter 2022 operating income was $1.28 billion compared to $1.10 billion in the prior year period.

We delivered a solid quarter thanks to the strong efforts of CSXs railroaders, said James M. Foote, president and chief executive officer. Our market environment continues to be supportive, and we expect our hard work to deliver improved fluidity... More