Precision Scheduled Model Boosts CSX’s 1Q18 Operating Margins
Let’s look now at CSX’s (CSX) operating margin in 1Q18. CSX recorded a whopping 950-basis-point increase in its operating margin for the quarter. Compared with its adjusted operating margin for 1Q17, which excludes restructuring charges, CSX’s margin expanded 5.7% to 36.7% in 1Q18. Its operating expenses decreased 13% in 2018, although its revenue grew just 0.2%.