Investing.com - CSX reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CSX announced earnings per share of $0.4 on revenue of $2.99B. Analysts polled by Investing.com EPS of $0.369 on revenue of $2.92B.
CSX 's are up 4% and is trading at $32.02 , still down 9.72% from its 52 week high of $34.96 set on Monday, May 10, 2021.
CSX shares gained 1.46% to trade at $32.02 in after-hours trade the report.
CSX follows other major Transportation sector earnings this month
CSX's report follows an earnings missed by FedEx on Thursday, June 24, 2021, who reported EPS of $5.01 on revenue of $22.6B, EPS of $5.02 on revenue of $21.52B.
Canadian National Railway had matched expectations on Tuesday with second quarter EPS of $1.49 on revenue of $3.6B, for EPS of $1.49 on revenue of $3.66B.
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