CSX Earnings Beat, Revenue Misses In Q2

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CSX announced earnings per share of $0.65 on revenue of $2.26B. Analysts polled by Investing.com anticipated EPS of $0.64 on revenue of $2.32B.

CSX shares are up 1% from the beginning of the year , still down 9.15% from its 52 week high of $80.62 set on February 20. They are broadly in line with the S&P 500 which is up 1.4% from the start of the year.

CSX shares gained 0.16% in after-hours trade following the report.

CSX’s report follows an earnings beat by Canadian National Railway on Tuesday, who reported EPS of $1.28 on revenue of $3.21B, compared to forecasts EPS of $0.92 on revenue of $3,249M.

FedEx had beat expectations on June 30 with fourth quarter EPS of $2.53 on revenue of $17.4B, compared to forecast for EPS of $1.58 on revenue of $16.41B.

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