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NYSE:CSX
CSX Corporation Stock Earnings Reports
$29.57
-0.410 (-1.37%)
At Close: Mar 21, 2025
CSX Earnings Calls
Q4 2024
Missed
$0.420 (-4.55%)
| Release date | Jan 23, 2025 |
| EPS estimate | $0.440 |
| EPS actual | $0.420 |
| EPS Surprise | -4.55% |
| Revenue estimate | 3.558B |
| Revenue actual | 3.539B |
| Revenue Surprise | -0.527% |
Q3 2024
Missed
$0.460 (-4.17%)
| Release date | Oct 16, 2024 |
| EPS estimate | $0.480 |
| EPS actual | $0.460 |
| EPS Surprise | -4.17% |
| Revenue estimate | 3.675B |
| Revenue actual | 3.619B |
| Revenue Surprise | -1.53% |
Q2 2024
Beat
$0.490 (2.08%)
| Release date | Aug 05, 2024 |
| EPS estimate | $0.480 |
| EPS actual | $0.490 |
| EPS Surprise | 2.08% |
| Revenue estimate | 3.698B |
| Revenue actual | 3.701B |
| Revenue Surprise | 0.0827% |
Q1 2024
Beat
$0.460 (2.22%)
| Release date | Apr 17, 2024 |
| EPS estimate | $0.450 |
| EPS actual | $0.460 |
| EPS Surprise | 2.22% |
| Revenue estimate | 3.667B |
| Revenue actual | 3.681B |
| Revenue Surprise | 0.386% |
Last 4 Quarters for CSX
Below you can see how CSX performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q1 2024
Beat
| Release date | Apr 17, 2024 |
| Fiscal end date | Mar 31, 2024 |
| Price on release | $34.16 |
| EPS estimate | $0.450 |
| EPS actual | $0.460 |
| EPS surprise | 2.22% |
| Date | Price |
|---|---|
| Apr 11, 2024 | $35.43 |
| Apr 12, 2024 | $35.34 |
| Apr 15, 2024 | $35.14 |
| Apr 16, 2024 | $34.84 |
| Apr 17, 2024 | $34.16 |
| Apr 18, 2024 | $34.39 |
| Apr 19, 2024 | $34.34 |
| Apr 22, 2024 | $34.62 |
| Apr 23, 2024 | $34.72 |
| 4 days before | -3.58% |
| 4 days after | 1.64% |
| On release day | 0.673% |
| Change in period | -2.00% |
Q2 2024
Beat
| Release date | Aug 05, 2024 |
| Fiscal end date | Jun 30, 2024 |
| Price on release | $33.00 |
| EPS estimate | $0.480 |
| EPS actual | $0.490 |
| EPS surprise | 2.08% |
| Date | Price |
|---|---|
| Jul 30, 2024 | $35.02 |
| Jul 31, 2024 | $35.10 |
| Aug 01, 2024 | $34.77 |
| Aug 02, 2024 | $34.08 |
| Aug 05, 2024 | $33.00 |
| Aug 06, 2024 | $33.86 |
| Aug 07, 2024 | $33.62 |
| Aug 08, 2024 | $34.25 |
| Aug 09, 2024 | $34.00 |
| 4 days before | -5.77% |
| 4 days after | 3.03% |
| On release day | 2.61% |
| Change in period | -2.91% |
Q3 2024
Missed
| Release date | Oct 16, 2024 |
| Fiscal end date | Sep 30, 2024 |
| Price on release | $35.47 |
| EPS estimate | $0.480 |
| EPS actual | $0.460 |
| EPS surprise | -4.17% |
| Date | Price |
|---|---|
| Oct 10, 2024 | $34.53 |
| Oct 11, 2024 | $34.96 |
| Oct 14, 2024 | $35.29 |
| Oct 15, 2024 | $35.50 |
| Oct 16, 2024 | $35.47 |
| Oct 17, 2024 | $33.09 |
| Oct 18, 2024 | $34.12 |
| Oct 21, 2024 | $33.66 |
| Oct 22, 2024 | $33.85 |
| 4 days before | 2.72% |
| 4 days after | -4.57% |
| On release day | -6.71% |
| Change in period | -1.97% |
Q4 2024
Missed
| Release date | Jan 23, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $33.67 |
| EPS estimate | $0.440 |
| EPS actual | $0.420 |
| EPS surprise | -4.55% |
| Date | Price |
|---|---|
| Jan 16, 2025 | $32.97 |
| Jan 17, 2025 | $32.73 |
| Jan 21, 2025 | $33.27 |
| Jan 22, 2025 | $33.24 |
| Jan 23, 2025 | $33.67 |
| Jan 24, 2025 | $32.69 |
| Jan 27, 2025 | $33.64 |
| Jan 28, 2025 | $32.68 |
| Jan 29, 2025 | $32.98 |
| 4 days before | 2.12% |
| 4 days after | -2.05% |
| On release day | -2.91% |
| Change in period | 0.0303% |
CSX Earnings Call Transcript Summary of Q4 2024
Resilience
Despite these challenges, CSX experienced a 2% growth in volume over the year, demonstrating adaptability and effective management.
Financial Performance Highlights
- Fourth Quarter Results
- Volume: 1% growth year-over-year, driven by a 4% increase in intermodal volume.
- Revenue: Declined by 4% due to lower coal prices and decreased fuel surcharges.
- Adjusted Earnings Per Share (EPS): Decreased by 7%, with an adjustment for goodwill impairment.
- Full Year Performance
- Revenue: 1% lower on 2% volume growth.
- Adjusted operating income: Down 3%, while adjusted EPS increased slightly by $0.01.
Operations and Capacity
- Customer Service: CSX maintained strong customer service metrics, with Net Promoter Scores reaching all-time highs.
- Safety Initiatives: Improvements in safety culture were noted, with a reduction in employee lost time due to injuries.
- Infrastructure Projects: Significant projects, including the Howard Street Tunnel expansion and Blue Ridge Subdivision restoration, are set to incur costs in 2025 but provide long-term operational benefits.
Market Segmentation Insights
- Merchandise and Intermodal
- Merchandise revenue and volume grew by 3% across the year, while intermodal business saw strong performance.
- Future growth is anticipated in the agricultural and fertilizer segments.
- Coal Business
- Encountered a 20% revenue decline in Q4, reflecting challenges in domestic shipments and reduced global benchmark pricing.
- Anticipations for continued declines in coal volumes in 2025.
Outlook for 2025
- Volume Growth Goals: Expectations of low to mid-single-digit growth in volumes, although coal volumes are anticipated to decline.
- Economic Headwinds: Noted potential challenges originating from global commodity prices, particularly coal and fuel, impacting revenue.
- Operational Efficiency: Continued focus on improving operating efficiency and managing costs amidst ongoing economic challenges and construction-related expenses.
Shareholder Returns
- Capital Allocation: CSX plans to invest in infrastructure and safety. The company returned approximately $3.2 billion to shareholders in 2024 through share repurchases and dividends.
Future Expectations
- Long-Term Confidence: CSX's management expresses confidence in meeting long-term guidance, with a specific focus on sustainable growth post-2025 from infrastructure upgrades and operational efficiencies.
- Economic Context: Recognition of industrial economic uncertainty but optimism regarding potential supportive domestic economic policies and recovery in segments like automotive.
Conclusion
Investors should monitor CSX’s performance in 2025 as the company navigates significant construction projects, economic headwinds, and changes in market dynamics, all while maintaining a commitment to operational efficiency and shareholder returns.
CSX Earnings History
Earnings Calendar
FAQ
When is the earnings report for CSX?
CSX Corporation (CSX) has scheduled its earnings report for Apr 16, 2025 before the markets open.
What is the CSX price-to-earnings (P/E) ratio?
CSX P/E ratio as of Mar 21, 2025 (TTM) is 16.71.
What is the CSX EPS forecast?
The forecasted EPS (Earnings Per Share) for CSX Corporation (CSX) for the first fiscal quarter 2025 is $0.380.
What are CSX Corporation's retained earnings?
On its balance sheet, CSX Corporation reported retained earnings of $3.54 billion for the latest quarter ending Dec 31, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
