CSX Corp. (NASDAQ:CSX) shares climbed in Thursday's extended trading after the company released its fourth quarter earnings report, despite missing estimates on the top and bottom lines.
Here's a look at the key figures from the quarter.
The Details: CSX reported quarterly earnings of 39 cents per share, which missed the consensus estimate of 42 cents, according to estimates from Benzinga Pro.
Quarterly revenue came in at $3.51 billion, which missed the Street estimate of $3.54 billion and was down from revenue of $3.540 billion from the same period last year.
CSX said revenue was down due to the “effects of lower merchandise volume and reduced export coal revenue offset higher pricing in merchandise and intermodal, an increase in intermodal volume, and higher fuel surcharge revenue.”
“Our quarterly results reflect the subdued industrial demand environment and actions taken to adjust our cost structure,” said CEO Steve Angel.
“CSX has a strong operational foundation, and we are positioned to deliver improved financial performance in 2026 as we focus on driving productivity, cost control, and capital discipline while continuing to provide safe and reliable service,” Angel added.
CSX Stock Price: According to data from Benzinga Pro, CSX stock climbed 5.79% to $37.85 in Thursday's extended trading.
Photo: Shutterstock
