Investing.com - CSX reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CSX announced earnings per share of $0.43 on revenue of $3.29B. Analysts polled by Investing.com EPS of $0.378 on revenue of $3.07B.
CSX 's are up 13% and is trading at $34.44 , still down 1.49% from its 52 week high of $34.96 set on Monday, May 10, 2021.
CSX follows other major Transportation sector earnings this month
CSX's report follows an earnings beat by Canadian National Railway on Tuesday, who reported EPS of $1.52 on revenue of $3.59B, EPS of $1.41 on revenue of $3.51B.
FedEx had missed expectations on Tuesday, September 21, 2021 with first quarter EPS of $4.37 on revenue of $22B, for EPS of $4.88 on revenue of $21.93B.
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