|Bid||56.99 x 500|
|Ask||57.00 x 400|
|Day's range||56.37 - 57.60|
|52-week range||45.41 - 60.04|
|PE ratio (TTM)||9.52|
|Forward dividend & yield||0.80 (1.39%)|
|1y target est||N/A|
Stocks were higher on Wednesday morning, following Tuesday's wild ride as a few more earnings reports rolled in. S&P 500 futures are up 0.4%. Dow Jones Industrial Average futures are up 0.5%. Nasdaq futures ...
CSX Corp. still has work to do to win back shippers following last year’s service disruptions that occurred after a massive overhaul of the railroad network under its prior chief executive.
Harrison, a veteran railroader cherished by investors for leading turnarounds of Canadian railroads, died in December, just eight months into his restructuring campaign at CSX that includes a strategy to run trains on tight schedules rather than on customer needs. Investors have been searching for clarity on how new CEO Jim Foote will handle the turnaround plan that also includes deep job cuts and rail yard closures and has triggered persistent service disruptions, customer complaints and federal scrutiny. "I see no reason to believe we can't deliver the results that Hunter thought we could," Foote said on a post-earnings call.
CSX Corp. reported Tuesday that its fourth-quarter profit grew 25 percent as it further cut expenses, and on top of it the railroad booked a $3.6 billion benefit from the corporate tax cut Congress approved ...
Shares of CSX Corp. rose 1.5% late Tuesday after the railroad company reported adjusted earnings above Wall Street expectations. CSX said it earned $4.1 billion, or $4.62 a share, in the fourth quarter, ...
CSX Corporation (NASDAQ:CSX) today announced fourth quarter 2017 net earnings of $4.1 billion, or $4.62 per share, versus $458 million, or $0.49 per share in the same period last year. Fourth quarter 2017 net earnings included a $3.6 billion net tax reform benefit resulting from the Tax Cuts and Jobs Act of 2017 and a $10 million net restructuring charge. Excluding these two items, fourth quarter 2017 adjusted net earnings were $573 million, or $0.64 per share.
Stock futures jumped early Tuesday while Bitcoin dived. UnitedHealth topped earnings views. Citigroup, CSX, Comerica and Interactive Brokers report today.
For the 52nd week of 2017 (ended December 30), Canadian Pacific Railway (CP) witnessed a 9.1% fall in its carload traffic. CP’s fall in carload traffic was steeper than the decline posted by US railroads overall, but compared with Canadian railroads’ freight volume loss, CP’s carload traffic loss was on par.