The Daily CSX: CSX earnings fall, but analysts are cautiously optimistic

By Will Robinson, Reporter, Jacksonville Business Journal; October 17, 2017

CSX Corp.’s (Nasdaq: CSX) net earnings fell $51 million or 10 percent from last quarter, the result of a quarter plagued by service disruptions, Hurricane Irma, an appearance before a federal regulatory agency and multiple derailments.

President and CEO Hunter Harrison expressed his confidence in the new operational model he is implementing, the resiliency of the organization and the prospect of customers returning to CSX during the railroad’s earnings call Tuesday morning.

Click here to read the full story.

 

Please share with others