secwatch.observer — SEC 8-K summary
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Issuer:     CSX CORP (CSX)
CIK:        0000277948
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0000277948-24-000046
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CSX Q2 2024 EPS $0.49 flat YoY; revenue $3.70B flat; volume up 2%
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- Operating income $1.45B (-1% YoY); net earnings $963M vs $984M prior year.
- EPS $0.49 flat YoY, up 9% sequentially; operating margin 39.1% (-50bps YoY, +280bps seq).
- Revenue $3.70B flat as merchandise pricing gains offset lower export coal and fuel surcharge.
- Total volume 1.58M units (+2% YoY); intermodal and merchandise growth led.
- CEO cites sequential gains and expects year-over-year margin expansion in H2 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/277948/000027794824000046/0000277948-24-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/277948/000027794824000046/csx-20240805.htm
  HTML page:      https://secwatch.observer/filing/0000277948-24-000046

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