---
schema_version: "secwatch.filing_event.v1"
accession: "0000277948-23-000051"
form_type: "8-K"
ticker: "CSX"
cik: "0000277948"
company_name: "CSX CORP"
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T21:13:45.826747+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CSX Q3 2023 EPS $0.42, down 19% YoY; revenue falls 8% to $3.57B

## Summary
- Net earnings of $846M ($0.42 diluted EPS) vs $1.11B ($0.52) a year ago.
- Operating income $1.30B, down 18% YoY; operating ratio 63.8%.
- Revenue $3.57B, down 8% due to lower fuel prices, reduced intermodal storage, and export coal pricing.
- Merchandise segment solid; coal volumes grew strongly; intermodal volumes declined.
- CEO cites mixed markets but improving sequential trends in key end markets.

## SEC filing metadata
- accession: 0000277948-23-000051
- form_type: 8-K
- ticker: CSX
- cik: 0000277948
- company_name: CSX CORP
- filed_at: 2023-10-19T23:59:59+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/277948/000027794823000051/0000277948-23-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/277948/000027794823000051/csx-20231019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000277948-23-000051
- JSON: https://secwatch.observer/filing/0000277948-23-000051.json
- Plain text: https://secwatch.observer/filing/0000277948-23-000051.txt

## Key facts
- Earnings Releases
  CSX CORP reported third quarter 2023 results: revenue Revenue totaled $3.57 billion for the quarter, net income Net earnings of $846 million, EPS $0.42 per diluted share.
  - Period: third quarter 2023
  - Revenue: Revenue totaled $3.57 billion for the quarter
  - Net income: Net earnings of $846 million
  - EPS: $0.42 per diluted share
  - Result: reported results
  source text: drive positive business results, and we are encouraged to see improving sequential trends in some of our key end markets.” Third Quarter Financial Highlights • Revenue totaled $3.57 billion for the quarter, declining 8% year-over-year as the effects of lower fuel prices, reduced intermodal storage revenue, a decline in export coal benchmark prices, and a decrease in
  evidence_url: https://www.sec.gov/Archives/edgar/data/277948/000027794823000051/0000277948-23-000051-index.htm

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