Investing.com - CSX (NASDAQ:CSX) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CSX announced earnings per share of $0.52 on revenue of $3.90. Analysts polled by Investing.com anticipated EPS of $0.50 on revenue of $3.75B.
CSX shares are down 27% from the beginning of the year and are trading at $27.08 , down-from-52-week-high.
CSX follows other major Industrials sector earnings this month
CSX's report follows an earnings beat by Union Pacific on Thursday, who reported EPS of $3.19 on revenue of $6.57B, compared to forecasts EPS of $3.08 on revenue of $6.44B.
Lockheed Martin had missed expectations on Tuesday, July 19, 2022 with second quarter EPS of $1.16 on revenue of $15.45B, compared to forecast for EPS of $1.88 on revenue of $15.98B.
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