CSX Corp. (NASDAQ:CSX) reported mixed first-quarter results after Wednesday's closing bell, beating EPS estimates and missing on revenue. Here’s a look inside the report.
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CSX Q1 Details
CSX reported quarterly earnings of 43 cents per share, which beat the analyst consensus estimate of 39 cents by 10.26%, according to Benzinga Pro data.
Quarterly revenue came in at $3.48 billion, which missed the Street estimate of $3.49 billion.
CSX said revenue increased 2% year-over-year, as higher merchandise pricing, intermodal volume growth, higher domestic coal revenue and increased fuel surcharge revenue were partially offset by a decrease in export coal revenue, including the impact of lower benchmark rates.
Total volume was 1.56 million units for the quarter, 3% higher compared to the first quarter 2025.
“CSX performed well this quarter by providing reliable and efficient service to our customers through changing market conditions, while improving our expense profile,” said CSX CEO Steve Angel.
CSX Stock Price: According to data from Benzinga Pro, CSX stock was up 6.35% to $45.92 in Wednesday's extended trading.
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