|Bid||48.98 x 500|
|Ask||50.20 x 1200|
|Day's range||49.50 - 50.07|
|52-week range||34.01 - 55.48|
|PE ratio (TTM)||25.73|
|Forward dividend & yield||0.80 (1.60%)|
|1y target est||N/A|
CSX Corporation (CSX) registered a 2.3% fall in freight volumes in the 44th week, which ended on November 4, 2017. The company moved ~70,400 railcars.
In week 44, which ended November 4, 2017, Norfolk Southern’s (NSC) railcar volumes rose slightly by 0.2%. However, intermodal shipments rose 7.9%.
BNSF’s Coal revenues in 3Q17 were $1 billion, a 5.9% rise from $953 million in the corresponding quarter last year.
In 3Q17, BNSF's Agricultural Products segment's freight revenues fell 9.4% to $992 million, from $1.1 billion in 3Q16.
In 3Q17, the Industrial Products segment's revenues rosed 4% to ~$1.3 billion compared to $1.2 billion in 3Q16.
In 3Q17, revenues for the Consumer Products segment rose $126 million (or 7.6%) to $1.8 billion, from $1.6 billion in 3Q16.
Burlington Northern Santa Fe’s 3Q17 revenues rose mainly due to an overall 3.1% rise in shipments. In the first nine months of 2017, freight volumes rose 6%.
Earlier today, we reported that Goldman Sachs' Matt Reustle and his team initiated coverage of the Airfreight/Logistics sector with a bullish slant, highlighting FedEx (FDX) and United Parcel Service (UPS) specifically as seeing as much as 50% earnings growth in coming years.
CSX (CSX) moved ~69,500 railcars in the 43rd week of 2017, which was 4,900 fewer units than its 74,400 carloads during the 43rd week of 2016.
In 3Q17, Norfolk Southern's (NSC) Coal segment contributed 17% to the company's total operating revenues, up 1% from 16% in 3Q16.
CSX (CSX) stock sold off sharply early Thursday on unexpected news that a much-anticipated investor day meeting would be delayed, and that a new chief operating officer had been hired to work with the ailing chief executive. While we have made some money “betting on the jockey,” CSX’s recent news, coupled with Harrison’s health issues, suggests the turnaround trade is riskier than anticipated. Analyst Brian P. Ossenbeck said CSX’s “primary driver of valuation” remains the implementation of Harrison’s so-called “Precision Scheduled Railroading Model.” The model, which has improved operations at other railroads, basically uses a centralized mothership to run the rail system rather than letting local yards make decisions.
CSX Corp. shares added to losses after hours Wednesday as the railroad operator said it was postponing its investor conference following the appointment of a new chief operating officer. CSX shares fell ...
In the week ended October 14, 2017, Jacksonville-based CSX’s (CSX) carloads remained nearly unchanged compared with the volumes in the week ended October 15, 2016.
To demonstrate the power of efficient scale in creating economic moats, we highlight four companies: U.S.-based wide moats CSX Corporation and UPS, and international narrow moats Telefonica SA (Spain) ...
In 3Q17, CSX (CSX) saw a 90-basis-point rise in its operating margin. The company’s margin expanded to 31.9% from 31% in the third quarter of 2016.
In this article, we’ll look at CSX’s Merchandise segment's revenue in the third quarter of 2017. The vertical’s revenue fell by $53.0 million or 3% to $1.68 billion in 3Q17 from $1.74 billion on a YoY ...
In this article, we’ll discuss CSX’s intermodal revenue in the third quarter of 2017. The company’s intermodal revenue rose 5% to $446.0 million in 3Q17 from $425.0 million 3Q16.
CSX matched Q3 earnings views early Tuesday though revenue narrowly missed, as shipping volumes in key industrial categories fell. Meanwhile, Canadian Pacific shares rose late after reporting quarterly results.
CSX Corp. Chief Executive Hunter Harrison said the railway expects to win back any market share lost during this summer and sought to reassure investors that service problems were resolved.