secwatch.observer — SEC 8-K summary
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Issuer:     CSX CORP (CSX)
CIK:        0000277948
Form:       8-K
Filed at:   2024-04-17T23:59:59+00:00
Accession:  0000277948-24-000030
Event type: earnings
Sentiment:  negative
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CSX Q1 2024 EPS $0.46, down 4% YoY; revenue $3.68B, -1% YoY
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- Operating income $1.35B, down 8% YoY; operating margin 36.8%, down 270 bps YoY.
- Net earnings $893M ($0.46 diluted EPS) vs $987M ($0.48) in Q1 2023.
- Total volume 1.53M units, up 3% YoY; intermodal +7%, coal +2%, merchandise flat.
- Revenue $3.68B declined 1% YoY on lower fuel surcharge, trucking revenue, and export coal prices.
- CEO Joe Hinrichs said results were in-line with expectations; sequential EPS up 2% vs Q4 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/277948/000027794824000030/0000277948-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/277948/000027794824000030/csx-20240417.htm
  HTML page:      https://secwatch.observer/filing/0000277948-24-000030

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