CSX Announces Record First Quarter Results Inbox
JACKSONVILLE, Fla. — CSX Corp. announced first quarter net earnings of $449 million, or $0.43 per share, versus $395 million, or $0.35 per share, in the same period last year. This represents a 23 percent year-over-year improvement in earnings per share. “CSX is off to a fast start in a year that will be dynamic and challenging,” said Michael J. Ward, chairman, president and chief executive officer of CSX. “A significant majority of our transportation markets are performing very well and our operations are delivering excellent results.” Revenue in the quarter improved 6 percent from the prior year to nearly