Investing.com - CSX (NASDAQ:CSX) reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.01 on revenue of $3.14B. Analysts polled by Investing.com anticipated EPS of $0.99 on revenue of $3.13B. That compared to EPS of $0.64 on revenue of $2.86B in the same period a year earlier. The company had reported EPS of $1.05 on revenue of $3.13B in the previous quarter.
CSX shares gained 0.18% to trade at $65.50 in after-hours trade following the report.
For the year, CSX shares are up 5.23%, under-performing the Nasdaq 100 which is up 7.58% year to date.
CSX follows other major Transportation sector earnings this month
On Tuesday, December 18, 2018, FedEx reported second quarter EPS of $4.03 on revenue of $17.8B, compared to forecasts of EPS of $3.93 on revenue of $17.75B.
Delta Air Lines earnings beat analyst's expectations on Tuesday, with fourth quarter EPS of $1.3 on revenue of $10.74B. Investing.com analysts expected EPS of $1.27 on revenue of $10.77B
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