trending Market Intelligence /marketintelligence/en/news-insights/trending/r62JLKNg6L11mUjCrnoP_g2 content esgSubNav
In This List

CSX fiscal Q2 profit climbs YOY

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Using ESG Analysis to Support a Sustainable Future


CSX fiscal Q2 profit climbs YOY

CSX Corp. said its normalized net income for the fiscal second quarter ended June 26 came to 56 cents per share, compared with the S&P Capital IQ consensus estimate of 53 cents per share.

EPS climbed 5.8% year over year from 53 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $554.4 million, a gain from $531.3 million in the prior-year period.

The normalized profit margin increased to 18.1% from 16.4% in the year-earlier period.

Total revenue fell 5.5% year over year to $3.06 billion from $3.24 billion, and total operating expenses decreased 8.9% from the prior-year period to $2.05 billion from $2.25 billion.

Reported net income rose on an annual basis to $553.8 million, or 56 cents per share, from $531.6 million, or 53 cents per share.