---
schema_version: "secwatch.filing_event.v1"
accession: "0000277948-23-000041"
form_type: "8-K"
ticker: "CSX"
cik: "0000277948"
company_name: "CSX CORP"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:52:27.368759+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CSX Q2 earnings fall: EPS $0.49 vs $0.54; revenue $3.70B down 3% YoY

## Summary
- Operating income $1.48B, down 13% YoY; net earnings $996M vs $1.18B.
- Diluted EPS $0.49 (9% decline); prior year included $0.04/share Virginia land gain.
- Revenue $3.70B declined 3% as lower fuel prices and weaker intermodal offset merchandise/coal volume gains.
- Operating ratio worsened to 59.9% from prior year.
- CEO cites merchandise/coal momentum but intermodal remains challenged.

## SEC filing metadata
- accession: 0000277948-23-000041
- form_type: 8-K
- ticker: CSX
- cik: 0000277948
- company_name: CSX CORP
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/277948/000027794823000041/0000277948-23-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/277948/000027794823000041/csx-20230720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000277948-23-000041
- JSON: https://secwatch.observer/filing/0000277948-23-000041.json
- Plain text: https://secwatch.observer/filing/0000277948-23-000041.txt

## Key facts
- Earnings Releases
  CSX CORP reported the quarter ended June 30, 2023 results: revenue $3.70 billion, net income $996 million, EPS $0.49 per diluted share.
  - Period: the quarter ended June 30, 2023
  - Revenue: $3.70 billion
  - Net income: $996 million
  - EPS: $0.49 per diluted share
  - Result: reported results
  source text: ahead in the second half of the year and over the long term as we position CSX for sustainable, profitable growth.” Second Quarter Financial Highlights • Revenue totaled $3.70 billion for the quarter, declining 3% year-over-year as lower fuel prices, reduced supplemental revenue, a decline in export coal benchmark prices, and a decrease in intermodal volumes
  evidence_url: https://www.sec.gov/Archives/edgar/data/277948/000027794823000041/0000277948-23-000041-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.