earnings
confidence high
sentiment positive
materiality 0.75
CSX Q3 net earnings $1.11B ($0.52 EPS), up 21% YoY; revenue +18% to $3.90B
CSX CORP
2022-Q3 EPS reported
$1.46
revenue$11,123,000,000
- Net earnings of $1.11B, diluted EPS $0.52, vs $968M ($0.43) in Q3 2021.
- Revenue $3.90B, +18% YoY driven by fuel surcharge, pricing gains, 2% volume increase.
- Operating income $1.58B (+10%); operating ratio 59.5% including $42M labor charge from tentative union agreements.
- New CEO Joe Hinrichs leads first full quarter, citing commitment to operational excellence and long-term growth.