Categories AlphaGraphs, Earnings, Industrials
CSX Earnings: A snapshot of CSX Crop’s Q3 2023 results
CSX Corp. (NASDAQ: CSX), a rail-based freight transportation company, has reported lower revenues and net profit for the third quarter of 2023.
The company reported revenue of $3.57 billion for the September quarter, down 8% year-over-year. Reflecting the weak top-line performance, net earnings declined to $846 million or $0.42 per share in Q3 from $1.11 billion or $0.52 per share in the third quarter of 2022.
“Our merchandise business remained solid, and our coal operations delivered strong volume growth. As we approach year-end, we are proud of the cohesive culture taking shape across our ONE CSX team that is helping to drive positive business results, and we are encouraged to see improving sequential trends in some of our key end markets,” said Joe Hinrichs, the company’s chief executive officer.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
