Investor Alert

Market Pulse Archives

Jan. 20, 2022, 4:17 p.m. EST

CSX Q4 sales rise 21% as 'all lines of business' grew, rail operator says

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    CSX Corp. (CSX)

or Cancel Already have a watchlist? Log In

By Claudia Assis


Shares of CSX Corp. /zigman2/quotes/208536759/composite CSX 0.00% fell in the extended session Thursday after the rail operator reported fourth-quarter results that met Wall Street expectations. CSX said it earned $934 million, or 42 cents a share, in the fourth quarter, compared with $760 million, or 33 cents a share, in the year-ago period. Sales rose 21% to $3.43 billion, thanks to "growth across all major lines of business," the company said. Analysts polled by FactSet expected earnings of 42 cents a share on sales of $3.3 billion. "As we enter 2022, we remain committed to providing our customers high-quality service and creating additional capacity to help them address current supply-chain challenges through the increased use of rail," CSX Chief Executive James Foote said in a statement. Shares of CSX ended the regular trading day down less than 0.1%

US : U.S.: Nasdaq
$ 30.94
0.00 0.00%
Volume: 21.82M
May 20, 2022 4:00p
P/E Ratio
Dividend Yield
Market Cap
$67.27 billion
Rev. per Employee

Get news alerts on CSX Corp. — or create your own.
This Story has 0 Comments
Be the first to comment
More News In

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.