Home › CSX Profit Meets Estimates as Cost Cuts Help Offset Coal Slump
 

Keywords :   


CSX Profit Meets Estimates as Cost Cuts Help Offset Coal Slump

2016-04-14 09:17:03| Railroads - Topix.net

CSX Corp.'s first-quarter profit met analysts' estimates as cost cuts helped make up for a drop in coal and oil carloads at the largest railroad in the eastern U.S. Earnings fell to 37 cents a share from 45 cents a year earlier, CSX said in a statement Tuesday, in line with the average of 25 forecasts compiled by Bloomberg. Sales fell 14 percent to $2.62 billion.

Tags: cost profit estimates meets

Category:Transportation and Logistics

Latest from this category

All news
05.10Tropical Depression Fourteen Graphics
05.10Tropical Depression Fourteen Forecast Discussion Number 1
05.10Tropical Depression Fourteen Wind Speed Probabilities Number 1
05.10Summary for Tropical Depression Fourteen (AT4/AL142024)
05.10Tropical Depression Fourteen Public Advisory Number 1
05.10Tropical Depression Fourteen Forecast Advisory Number 1
05.10Hurricane Kirk Graphics
05.10Hurricane Kirk Forecast Discussion Number 25
Transportation and Logistics »
05.10Tropical Depression Fourteen Graphics
05.10Tropical Depression Fourteen Forecast Discussion Number 1
05.10Tropical Depression Fourteen Wind Speed Probabilities Number 1
05.10Tropical Depression Fourteen Public Advisory Number 1
05.10Summary for Tropical Depression Fourteen (AT4/AL142024)
05.10Tropical Depression Fourteen Forecast Advisory Number 1
05.10Hurricane Kirk Graphics
05.10Hurricane Kirk Forecast Discussion Number 25
More »