Investing.com - CSX (NASDAQ:CSX) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
CSX announced earnings per share of $0.96 on revenue of $2.65B. Analysts polled by Investing.com anticipated EPS of $0.92 on revenue of $2.67B.
CSX shares are up 8% from the beginning of the year and are trading at $79.78 , down-from-52-week-high.They are under-performing the Nasdaq which is up 28% from the start of the year.
CSX shares gained 1.44% in after-hours trade the report.
CSX follows other major Transportation sector earnings this month
CSX's report follows an earnings missed by Canadian National Railway on Tuesday, who reported EPS of $1.38 on revenue of $3.41B, compared to forecasts EPS of $1.45 on revenue of $3.48B.
Delta Air Lines had missed expectations on Tuesday, October 13, 2020 with third quarter EPS of $-3.3 on revenue of $3.06B, compared to forecast for EPS of $-3.04 on revenue of $3.13B.
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