CSX Q4 sales rise 21% as 'all lines of business' grew, rail operator says
Yahoo! Finance
Shares of CSX Corp. fell in the extended session Thursday after the rail operator reported fourth-quarter results that met Wall Street expectations. CSX said it earned $934 million, or 42 cents a share, in the fourth quarter, compared with $760 million, or 33 cents a share, in the year-ago period. Sales rose 21% to $3.43 billion, thanks to "growth across all major lines of business," the company said. Analysts polled by FactSet expected earnings of 42 cents a share on sales of $3.3 billion. "As
Continue Reading