Railroad operator CSX rises after beating quarterly revenue estimates
Today 15:47
BUZZ-Railroad operator CSX rises after beating quarterly revenue estimates ** Shares of railroad operator CSX CSX.O rise more than 6% to $51.4
** Co beat third-quarter revenue estimates on Wednesday, driven by higher fuel surcharges, volumes and pricing across its merchandise, intermodal and coal segments
** Quarterly revenue rose 12% to $4.02 billion, beating analysts' estimates of $3.96 billion - data compiled by LSEG
** Q3 net earnings came in at $1.05 billion, or $0.57 per diluted share, compared with $694 million, or $0.37 per diluted share, a year earlier
** Including session's moves, shares up 42% YTD
(Reporting by Megavarshini G. Somasundaram in Bengaluru)
((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))
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