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BUZZ - Railway operator CSX shares rise as quarterly revenue exceeds expectations

BUZZ - Railway operator CSX shares rise as quarterly revenue exceeds expectations

路透社路透社2026/10/22 14:56
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- ** Railroad operator CSX (CSX.O) shares rose more than 6% to $51.4

** The company's third-quarter revenue, released on Wednesday, exceeded market expectations, mainly due to increases in fuel surcharges, transportation volume, and pricing in its bulk goods, intermodal, and coal business segments

** Quarterly revenue increased by 12% to $4.02 billion, surpassing analyst estimates of $3.96 billion compiled by LSEG

** Third-quarter net profit was $1.05 billion, with diluted earnings per share of $0.57, compared to $694 million with diluted earnings per share of $0.37 in the same period last year

** Including the day's gain, the stock is up 42% year-to-date


(To assist non-native English speakers, Reuters automatically translates its reports into several other languages. As automated translation may contain errors or lack the required context, Reuters does not guarantee the accuracy of the translated texts and provides them solely for reader convenience. Reuters assumes no responsibility for any damage or loss caused by use of the automated translation function.)

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