Investing.com - CSX (NASDAQ:CSX) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CSX announced earnings per share of $0.42 on revenue of $3.43B. Analysts polled by Investing.com anticipated EPS of $0.4135 on revenue of $3.32B.
CSX shares are down 6% from the beginning of the year and are trading at $34.32 , down-from-52-week-high.They are outperforming the Nasdaq which is down 9.53% from the start of the year.
CSX shares lost 2.61% in after-hours trade the report.
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 $2.66 on revenue of $5.73B, compared to forecasts EPS of $2.62 on revenue of $5.62B.
Cintas had beat expectations on Wednesday, December 22, 2021 with second quarter EPS of $2.76 on revenue of $1.92B, compared to forecast for EPS of $2.65 on revenue of $1.91B.
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