secwatch.observer — SEC 8-K summary
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Issuer:     CSX CORP (CSX)
CIK:        0000277948
Form:       8-K
Filed at:   2022-07-20T23:59:59+00:00
Accession:  0000277948-22-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CSX Q2 EPS $0.54 up 4% YoY; revenue $3.82B up 28% driven by pricing and acquisitions
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/277948/000027794822000032/0000277948-22-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/277948/000027794822000032/csx-20220720.htm
  HTML page:      https://secwatch.observer/filing/0000277948-22-000032

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