Nucor earnings beat by $0.08, revenue fell short of estimates
Investing.com - CSX reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CSX announced earnings per share of $0.54 on revenue of $3.82B. Analysts polled by Investing.com EPS of $0.4682 on revenue of $3.65B.
CSX 's are down 20% and is trading at $30.11 , still down 23.04% from its 52 week high of $38.63 set on Monday, March 7, 2022.
CSX shares gained 1.28% to trade at $30.11 in after-hours trade the report.
CSX follows other major Industrials sector earnings this month
CSX's report follows an earnings missed by Lockheed Martin on Tuesday, who reported EPS of $1.16 on revenue of $15.45B, EPS of $6.34 on revenue of $15.99B.
FedEx had matched expectations on Thursday, June 23, 2022 with fourth quarter EPS of $6.87 on revenue of $24.4B, for EPS of $6.87 on revenue of $24.5B.
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