Investing.com - CSX (NASDAQ:CSX) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.99 on revenue of $2.86B. Analysts polled by Investing.com forecast EPS of $0.98 on revenue of $2.94B. That compared to EPS of $1.01 on revenue of $3.14B in the same period a year earlier. The company had reported EPS of $1.08 on revenue of $2.98B in the previous quarter.
CSX shares lost 0.33% to trade at $76.50 in after-hours trade following the report.
For the year, CSX shares are up 6.07%, outperforming the Nasdaq which is up 3.52% year to date.
CSX follows other major Transportation sector earnings this month
On Tuesday, Delta Air Lines reported fourth quarter EPS of $1.7 on revenue of $11.44B, compared to forecasts of EPS of $1.4 on revenue of $11.34B.
Carnival ADS earnings beat analyst's expectations on Friday, December 20, 2019, with fourth quarter EPS of $0.62 on revenue of $4.78B. Investing.com analysts expected EPS of $0.51 on revenue of $4.58B
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