secwatch.observer — SEC 8-K summary
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Issuer:     CSX CORP (CSX)
CIK:        0000277948
Form:       8-K
Filed at:   2021-07-21T23:59:59+00:00
Accession:  0000277948-21-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CSX Q2 EPS $0.52 (incl. $0.12 Va. property sale benefit); revenue up 33% to $2.99B
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- Net earnings $1,173M ($0.52 EPS) vs $499M ($0.22) a year ago; operating ratio improved to 43.4% from 63.3%.
- Sale of property rights to Commonwealth of Virginia added $349M to operating income, $0.12 to EPS and 11.7 ppt to operating ratio.
- Revenue grew 33% YoY to $2.99B, driven by growth across all lines; expenses fell 9% to $1.30B.
- Operating income improved to $1.69B for the quarter; CEO James Foote thanked railroaders for customer focus amid economic rebound.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/277948/000027794821000039/0000277948-21-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/277948/000027794821000039/csx-20210721.htm
  HTML page:      https://secwatch.observer/filing/0000277948-21-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer