By Will Robinson, Reporter, Jacksonville Business Journal; July 16, 2019
CSX Corp. saw its second quarter profit slip slightly — down $7 million to $870 million for the quarter that closed June 30 — although earnings per share rose 7 percent year over year to $1.08, helped by steady stock buybacks.
The slight increase still missed the consensus estimate of $1.11 a share. The company’s stock dipped in afterhours trading, from a close of $79.60 to around $75.