CSX Climbs On Beat-And-Raise Q1, Dividend And Buyback Hike

CSX Corp. (CSX) is jumping, thanks to an upbeat first-quarter earnings report.

CSX said it earned 51 cents a share on revenue that rose 9.6% to $2.87 billion. Analysts were looking for the company to earn 43 cents a share on revenue of $2.76 billion. CSX said the strong results reflected volume growth across most of its market, core pricing gains, increased fuel recovery, and favorable mix.

 
Source: Barrons

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