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CSX Earnings, Revenue beat in Q4 By Investing.com

CSX (NASDAQ:CSX) reported on Thursday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

CSX announced earnings per share of $1.04 on revenue of $2.83B. Analysts polled by Investing.com anticipated EPS of $1 on revenue of $2.77B.

CSX shares are down 0% from the beginning of the year and are trading at $91.86 , down-from-52-week-high.They are under-performing the Nasdaq which is up 4.99% from the start of the year.

CSX shares gained 0.29% in after-hours trade the report.

CSX follows other major Transportation sector earnings this month

CSX’s report follows an earnings beat by Union Pacific on Thursday, who reported EPS of $2.36 on revenue of $5.14B, compared to forecasts EPS of $2.23 on revenue of $5.08B.

Delta Air Lines had missed expectations on January 14 with fourth quarter EPS of $-2.53 on revenue of $3.97B, compared to forecast for EPS of $-2.5 on revenue of $3.67B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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