CSX first quarter results break another record

By Will Robinson, Reporter, Jacksonville Business Journal; April 16, 2019

CSX Corp. boasted strong numbers across the board in the first quarter of 2019, netting gains in earnings, revenue, operating ratio and performance.

The Jacksonville-base railroad recorded $834 million in net earnings in the first quarter, a 20 percent increase year-over-year. Earnings per share jumped 24 cents to $1.02. Revenue in the first quarter grew 5 percent to $3 billion, while expenses fell 2 percent to $1.8 billion.

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