From Financial Modeling Prep: 2025-01-24 09:07:00

CSX Corp (NASDAQ:CSX) shares fell over 3% pre-market due to fourth-quarter results missing analyst expectations. Earnings per share were $0.38, below the consensus of $0.44, with revenue at $3.54 billion, slightly under projections of $3.59 billion. The company cited weather disruptions and infrastructure challenges as key factors.

CSX highlighted 2024 challenges, including hurricane disruptions and the Key Bridge outage. Despite setbacks, the company remains focused on maintaining high customer satisfaction levels. Competitor Union Pacific outperformed, exceeding profit expectations with increased shipping volumes and effective pricing strategies, despite lower fuel surcharge revenues and less profitable cargo mix.

CSX’s struggles navigating external disruptions contrast with Union Pacific’s success in leveraging favorable conditions. Investors will monitor how CSX addresses these challenges in 2025, as the competitive gap widens between the two railroad operators.



Read more at Financial Modeling Prep:: CSX Misses Earnings Expectations, Shares Slide 3%