CSX Earnings, Revenue Beat in Q3

Investing.com – CSX (NASDAQ:) reported on Thursday third quarter that beat analysts’ forecasts and revenue that topped expectations.

CSX announced earnings per share of $0.52 on revenue of $3.90. Analysts polled by Investing.com anticipated EPS of $0.50 on revenue of $3.75B.

CSX shares are down 27% from the beginning of the year, still down 29.90% from its 52 week high of $38.63 set on March 7.

CSX follows other major Industrials sector earnings this month

CSX’s report follows an earnings beat by Union Pacific on Thursday, who reported EPS of $3.19 on revenue of $6.57B, compared to forecasts EPS of $3.08 on revenue of $6.44B.

Lockheed Martin had missed expectations on July 19 with second quarter EPS of $1.16 on revenue of $15.45B, compared to forecast for EPS of $1.88 on revenue of $15.98B.

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

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