STB Approves Transaction That Creates New CPKC-CSX Class I Connection Linking Mexico, Texas and the U.S. Southeast — Oct 17th, 2024

CALGARY, AB and JACKSONVILLE, Fla. , Oct. 17, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC), CSX Corporation (NASDAQ: CSX) (CSX) and Genesee & Wyoming Inc. (G&W) today said the Surface Transportation Board (STB) has approved CSX's and CPKC's respective applic...

CSX price target lowered to $39 from $41 at Stephens — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-39-from-41-at-stephens Stephens lowered the firm’s price target on CSX to $39 from $41 and keeps an Overweight rating on the shares after the company reported softer-than-expected Q3 results, driven by revenue per carload...

CSX Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

CSX (NASDAQ:CSX) Third Quarter 2024 Results Key Financial Results Revenue: US$3.62b (up 1.3% from 3Q 2023). Net income: US$894.0m (up 8.0% from 3Q 2023). Profit margin: 25% (up from 23% in 3Q 2023). EPS: US$0.46 (up from US$0.41 in 3Q 2023). earnings-and-revenue-growth All figures shown...

CSX price target lowered to $35 from $36 at RBC Capital — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-35-from-36-at-rbc-capital-2 RBC Capital lowered the firm’s price target on CSX to $35 from $36 and keeps a Sector Perform rating on the shares. The company’s Q3 earnings miss and implied reduced outlook were attributed ...

SEC subpoenas CSX over misstatements in financial reports — Oct 18th, 2024

(Photo: Jim Allen/FreightWaves) This story originally appeared on Trains.com. JACKSONVILLE, Fla. — The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency...

Q3 2024 CSX Corp Earnings Call — Oct 17th, 2024

Participants Matthew Korn; Head of Investor Relations; CSX Corp Joseph Hinrichs; President, Chief Executive Officer, Director; CSX Corp Michael Cory; Chief Operating Officer, Executive Vice President; CSX Corp Kevin Boone; Executive Vice President of Sales and Marketing; CSX Corp Sean...

CSX Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

CSX (NASDAQ:CSX) Third Quarter 2024 Results Key Financial Results Revenue: US$3.62b (up 1.3% from 3Q 2023). Net income: US$894.0m (up 8.0% from 3Q 2023). Profit margin: 25% (up from 23% in 3Q 2023). EPS: US$0.46 (up from US$0.41 in 3Q 2023). earnings-and-revenue-growth All figures shown...

Q3 2024 CSX Corp Earnings Call — Oct 17th, 2024

Participants Matthew Korn; Head of Investor Relations; CSX Corp Joseph Hinrichs; President, Chief Executive Officer, Director; CSX Corp Michael Cory; Chief Operating Officer, Executive Vice President; CSX Corp Kevin Boone; Executive Vice President of Sales and Marketing; CSX Corp Sean...

CSX's Earnings & Revenues Miss Estimates in Q3, Increase Y/Y — Oct 17th, 2024

CSX Corporation's CSX third-quarter 2024 earnings per share of 46 cents fell short of the Zacks Consensus Estimate by two cents. However, the bottom line increased on a year-over-year basis on the back of higher revenues as freight volumes grew. Find the latest EPS estimates and surprise...

SEC subpoenas CSX over misstatements in financial reports — Oct 18th, 2024

(Photo: Jim Allen/FreightWaves) This story originally appeared on Trains.com. JACKSONVILLE, Fla. — The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency...

CSX price target lowered to $39 from $41 at Stephens — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-39-from-41-at-stephens Stephens lowered the firm’s price target on CSX to $39 from $41 and keeps an Overweight rating on the shares after the company reported softer-than-expected Q3 results, driven by revenue per carload...

Q3 2024 CSX Corp Earnings Call — Oct 17th, 2024

Participants Matthew Korn; Head of Investor Relations; CSX Corp Joseph Hinrichs; President, Chief Executive Officer, Director; CSX Corp Michael Cory; Chief Operating Officer, Executive Vice President; CSX Corp Kevin Boone; Executive Vice President of Sales and Marketing; CSX Corp Sean...

STB Approves Transaction That Creates New CPKC-CSX Class I Connection Linking Mexico, Texas and the U.S. Southeast — Oct 17th, 2024

CALGARY, AB and JACKSONVILLE, Fla. , Oct. 17, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC), CSX Corporation (NASDAQ: CSX) (CSX) and Genesee & Wyoming Inc. (G&W) today said the Surface Transportation Board (STB) has approved CSX's and CPKC's respective applic...

SEC subpoenas CSX over misstatements in financial reports — Oct 18th, 2024

(Photo: Jim Allen/FreightWaves) This story originally appeared on Trains.com. JACKSONVILLE, Fla. — The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency...

CSX Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

CSX (NASDAQ:CSX) Third Quarter 2024 Results Key Financial Results Revenue: US$3.62b (up 1.3% from 3Q 2023). Net income: US$894.0m (up 8.0% from 3Q 2023). Profit margin: 25% (up from 23% in 3Q 2023). EPS: US$0.46 (up from US$0.41 in 3Q 2023). earnings-and-revenue-growth All figures shown...

CSX price target lowered to $35 from $36 at RBC Capital — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-35-from-36-at-rbc-capital-2 RBC Capital lowered the firm’s price target on CSX to $35 from $36 and keeps a Sector Perform rating on the shares. The company’s Q3 earnings miss and implied reduced outlook were attributed ...

CSX price target lowered to $35 from $36 at RBC Capital — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-35-from-36-at-rbc-capital-2 RBC Capital lowered the firm’s price target on CSX to $35 from $36 and keeps a Sector Perform rating on the shares. The company’s Q3 earnings miss and implied reduced outlook were attributed ...

CSX Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

CSX (NASDAQ:CSX) Third Quarter 2024 Results Key Financial Results Revenue: US$3.62b (up 1.3% from 3Q 2023). Net income: US$894.0m (up 8.0% from 3Q 2023). Profit margin: 25% (up from 23% in 3Q 2023). EPS: US$0.46 (up from US$0.41 in 3Q 2023). earnings-and-revenue-growth All figures shown...

Q3 2024 CSX Corp Earnings Call — Oct 17th, 2024

Participants Matthew Korn; Head of Investor Relations; CSX Corp Joseph Hinrichs; President, Chief Executive Officer, Director; CSX Corp Michael Cory; Chief Operating Officer, Executive Vice President; CSX Corp Kevin Boone; Executive Vice President of Sales and Marketing; CSX Corp Sean...

SEC subpoenas CSX over misstatements in financial reports — Oct 18th, 2024

(Photo: Jim Allen/FreightWaves) This story originally appeared on Trains.com. JACKSONVILLE, Fla. — The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency...

CSX price target lowered to $35 from $36 at RBC Capital — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-35-from-36-at-rbc-capital-2 RBC Capital lowered the firm’s price target on CSX to $35 from $36 and keeps a Sector Perform rating on the shares. The company’s Q3 earnings miss and implied reduced outlook were attributed ...

CSX price target lowered to $35 from $36 at RBC Capital — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-35-from-36-at-rbc-capital-2 RBC Capital lowered the firm’s price target on CSX to $35 from $36 and keeps a Sector Perform rating on the shares. The company’s Q3 earnings miss and implied reduced outlook were attributed ...

SEC subpoenas CSX over misstatements in financial reports — Oct 18th, 2024

(Photo: Jim Allen/FreightWaves) This story originally appeared on Trains.com. JACKSONVILLE, Fla. — The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency...

CSX price target lowered to $35 from $36 at RBC Capital — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-35-from-36-at-rbc-capital-2 RBC Capital lowered the firm’s price target on CSX to $35 from $36 and keeps a Sector Perform rating on the shares. The company’s Q3 earnings miss and implied reduced outlook were attributed ...

SEC subpoenas CSX over misstatements in financial reports — Oct 18th, 2024

(Photo: Jim Allen/FreightWaves) This story originally appeared on Trains.com. JACKSONVILLE, Fla. — The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency...

CSX price target lowered to $39 from $41 at Stephens — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-39-from-41-at-stephens Stephens lowered the firm’s price target on CSX to $39 from $41 and keeps an Overweight rating on the shares after the company reported softer-than-expected Q3 results, driven by revenue per carload...

CSX price target lowered to $35 from $36 at RBC Capital — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-35-from-36-at-rbc-capital-2 RBC Capital lowered the firm’s price target on CSX to $35 from $36 and keeps a Sector Perform rating on the shares. The company’s Q3 earnings miss and implied reduced outlook were attributed ...

CSX Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

CSX (NASDAQ:CSX) Third Quarter 2024 Results Key Financial Results Revenue: US$3.62b (up 1.3% from 3Q 2023). Net income: US$894.0m (up 8.0% from 3Q 2023). Profit margin: 25% (up from 23% in 3Q 2023). EPS: US$0.46 (up from US$0.41 in 3Q 2023). earnings-and-revenue-growth All figures shown...

SEC subpoenas CSX over misstatements in financial reports — Oct 18th, 2024

(Photo: Jim Allen/FreightWaves) This story originally appeared on Trains.com. JACKSONVILLE, Fla. — The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency...

SEC subpoenas CSX over misstatements in financial reports — Oct 18th, 2024

(Photo: Jim Allen/FreightWaves) This story originally appeared on Trains.com. JACKSONVILLE, Fla. — The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency...

CSX Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

CSX (NASDAQ:CSX) Third Quarter 2024 Results Key Financial Results Revenue: US$3.62b (up 1.3% from 3Q 2023). Net income: US$894.0m (up 8.0% from 3Q 2023). Profit margin: 25% (up from 23% in 3Q 2023). EPS: US$0.46 (up from US$0.41 in 3Q 2023). earnings-and-revenue-growth All figures shown...

Q3 2024 CSX Corp Earnings Call — Oct 17th, 2024

Participants Matthew Korn; Head of Investor Relations; CSX Corp Joseph Hinrichs; President, Chief Executive Officer, Director; CSX Corp Michael Cory; Chief Operating Officer, Executive Vice President; CSX Corp Kevin Boone; Executive Vice President of Sales and Marketing; CSX Corp Sean...

CSX Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

CSX (NASDAQ:CSX) Third Quarter 2024 Results Key Financial Results Revenue: US$3.62b (up 1.3% from 3Q 2023). Net income: US$894.0m (up 8.0% from 3Q 2023). Profit margin: 25% (up from 23% in 3Q 2023). EPS: US$0.46 (up from US$0.41 in 3Q 2023). earnings-and-revenue-growth All figures shown...

CSX Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

CSX (NASDAQ:CSX) Third Quarter 2024 Results Key Financial Results Revenue: US$3.62b (up 1.3% from 3Q 2023). Net income: US$894.0m (up 8.0% from 3Q 2023). Profit margin: 25% (up from 23% in 3Q 2023). EPS: US$0.46 (up from US$0.41 in 3Q 2023). earnings-and-revenue-growth All figures shown...

CSX price target lowered to $39 from $41 at Stephens — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-39-from-41-at-stephens Stephens lowered the firm’s price target on CSX to $39 from $41 and keeps an Overweight rating on the shares after the company reported softer-than-expected Q3 results, driven by revenue per carload...

CSX Receives SEC Subpoena Covering Years of Accounting Errors — Oct 17th, 2024

(Bloomberg) -- CSX Corp. received a subpoena from the US Securities and Exchange Commission focused on previously disclosed accounting errors and certain non-financial performance metrics. Most Read from Bloomberg Inside the ‘Utopias’ of Mexico City One City’s Plan to Re-Link a Nei...

SEC subpoenas CSX over misstatements in financial reports — Oct 18th, 2024

(Photo: Jim Allen/FreightWaves) This story originally appeared on Trains.com. JACKSONVILLE, Fla. — The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency...

CSX price target lowered to $39 from $41 at Stephens — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-39-from-41-at-stephens Stephens lowered the firm’s price target on CSX to $39 from $41 and keeps an Overweight rating on the shares after the company reported softer-than-expected Q3 results, driven by revenue per carload...

CSX price target lowered to $39 from $41 at Stephens — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-39-from-41-at-stephens Stephens lowered the firm’s price target on CSX to $39 from $41 and keeps an Overweight rating on the shares after the company reported softer-than-expected Q3 results, driven by revenue per carload...

CSX price target lowered to $39 from $41 at Stephens — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-39-from-41-at-stephens Stephens lowered the firm’s price target on CSX to $39 from $41 and keeps an Overweight rating on the shares after the company reported softer-than-expected Q3 results, driven by revenue per carload...

CSX price target lowered to $39 from $41 at Stephens — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-39-from-41-at-stephens Stephens lowered the firm’s price target on CSX to $39 from $41 and keeps an Overweight rating on the shares after the company reported softer-than-expected Q3 results, driven by revenue per carload...

CSX price target lowered to $39 from $41 at Stephens — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-39-from-41-at-stephens Stephens lowered the firm’s price target on CSX to $39 from $41 and keeps an Overweight rating on the shares after the company reported softer-than-expected Q3 results, driven by revenue per carload...

CSX price target lowered to $35 from $36 at RBC Capital — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-35-from-36-at-rbc-capital-2 RBC Capital lowered the firm’s price target on CSX to $35 from $36 and keeps a Sector Perform rating on the shares. The company’s Q3 earnings miss and implied reduced outlook were attributed ...

CSX Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

CSX (NASDAQ:CSX) Third Quarter 2024 Results Key Financial Results Revenue: US$3.62b (up 1.3% from 3Q 2023). Net income: US$894.0m (up 8.0% from 3Q 2023). Profit margin: 25% (up from 23% in 3Q 2023). EPS: US$0.46 (up from US$0.41 in 3Q 2023). earnings-and-revenue-growth All figures shown...

CSX Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

CSX (NASDAQ:CSX) Third Quarter 2024 Results Key Financial Results Revenue: US$3.62b (up 1.3% from 3Q 2023). Net income: US$894.0m (up 8.0% from 3Q 2023). Profit margin: 25% (up from 23% in 3Q 2023). EPS: US$0.46 (up from US$0.41 in 3Q 2023). earnings-and-revenue-growth All figures shown...

CSX price target lowered to $35 from $36 at RBC Capital — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-35-from-36-at-rbc-capital-2 RBC Capital lowered the firm’s price target on CSX to $35 from $36 and keeps a Sector Perform rating on the shares. The company’s Q3 earnings miss and implied reduced outlook were attributed ...

STB Approves Transaction That Creates New CPKC-CSX Class I Connection Linking Mexico, Texas and the U.S. Southeast — Oct 17th, 2024

CALGARY, AB and JACKSONVILLE, Fla. , Oct. 17, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC), CSX Corporation (NASDAQ: CSX) (CSX) and Genesee & Wyoming Inc. (G&W) today said the Surface Transportation Board (STB) has approved CSX's and CPKC's respective applic...

CSX price target lowered to $35 from $36 at RBC Capital — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-35-from-36-at-rbc-capital-2 RBC Capital lowered the firm’s price target on CSX to $35 from $36 and keeps a Sector Perform rating on the shares. The company’s Q3 earnings miss and implied reduced outlook were attributed ...

SEC subpoenas CSX over misstatements in financial reports — Oct 18th, 2024

(Photo: Jim Allen/FreightWaves) This story originally appeared on Trains.com. JACKSONVILLE, Fla. — The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency...

CSX price target lowered to $39 from $41 at Stephens — Oct 18th, 2024

https://www.tipranks.com/news/the-fly/csx-price-target-lowered-to-39-from-41-at-stephens Stephens lowered the firm’s price target on CSX to $39 from $41 and keeps an Overweight rating on the shares after the company reported softer-than-expected Q3 results, driven by revenue per carload...