CSX (NASDAQ:CSX) will release its earnings data after the market closes on Tuesday, October 16th. Analysts expect CSX to post earnings of $0.88 per share for the quarter.

CSX (NASDAQ:CSX) last posted its earnings results on Tuesday, July 17th. The transportation company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.86 by $0.15. CSX had a return on equity of 19.31% and a net margin of 53.27%. The firm had revenue of $3.10 billion for the quarter, compared to analysts’ expectations of $3 billion. During the same period last year, the firm earned $0.64 EPS. The firm’s revenue was up 5.8% compared to the same quarter last year. On average, analysts expect CSX to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

CSX opened at $70.20 on Friday. CSX has a 12 month low of $48.26 and a 12 month high of $76.24. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.48 and a current ratio of 1.66. The company has a market capitalization of $63.59 billion, a P/E ratio of 30.52, a price-to-earnings-growth ratio of 1.54 and a beta of 1.24.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Investors of record on Friday, November 30th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Thursday, November 29th. CSX’s dividend payout ratio is currently 38.26%.

Several equities analysts have recently issued reports on CSX shares. Stephens reiterated a “buy” rating and set a $85.00 price target on shares of CSX in a research report on Tuesday, October 9th. Morgan Stanley lifted their price target on CSX from $52.00 to $55.00 and gave the company a “sell” rating in a research report on Tuesday, October 9th. BidaskClub upgraded CSX from a “hold” rating to a “buy” rating in a research report on Saturday, October 6th. Bank of America lifted their price target on CSX from $77.00 to $82.00 and gave the company a “buy” rating in a research report on Monday, October 1st. Finally, Citigroup lifted their price target on CSX from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Monday, October 1st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and fifteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $72.43.

CSX Company Profile

CSX Corporation, together with its subsidiaries, provides rail-based transportation services in the United States and Canada. The company offers rail services, as well as transports intermodal containers and trailers. It transports agricultural and food products, fertilizers, chemicals, automotive, metals and equipment, minerals, and forest products; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants.

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Earnings History for CSX (NASDAQ:CSX)

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