earnings
confidence high
sentiment positive
materiality 0.75
CSX Q2 EPS $0.54 up 4% YoY; revenue $3.82B up 28% driven by pricing and acquisitions
CSX CORP
2022-Q2 EPS reported
$0.94
revenue$7,228,000,000
- Net earnings $1,178M ($0.54 diluted EPS) vs $1,173M ($0.52) in Q2 2021.
- Revenue $3.82B, +28% YoY on pricing gains, fuel surcharge, and Quality Carriers addition.
- Operating income $1.70B (+1%); operating ratio worsened to 55.4% on higher costs and lower real estate gains.
- Quarter included $18M Pan Am Railways acquisition expense and $122M gain from Virginia property sale (vs $349M gain last year).