
Freight rail services provider CSX (NASDAQ: CSX) will be announcing earnings results this Thursday after market hours. Here’s what to look for.
CSX met analysts’ revenue expectations last quarter, reporting revenues of $3.59 billion, flat year on year. It was a satisfactory quarter for the company, with a decent beat of analysts’ adjusted operating income estimates.
Is CSX a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting CSX’s revenue to be flat year on year at $3.54 billion, improving from the 3.8% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.41 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. CSX has missed Wall Street’s revenue estimates four times over the last two years.
Looking at CSX’s peers in the transportation and logistics segment, only FedEx has reported results so far. It beat analysts’ revenue estimates by 3%, delivering year-on-year sales growth of 6.8%. The stock price was unchanged following the results.
Read our full analysis of FedEx’s earnings results here.There has been positive sentiment among investors in the transportation and logistics segment, with share prices up 6.4% on average over the last month. CSX is down 2.5% during the same time and is heading into earnings with an average analyst price target of $39.83 (compared to the current share price of $35.66).
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