CSX's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
CSX (NASDAQ:CSX) is set to release its latest quarterly earnings report on July 20, 2023. Analysts estimate an earnings per share (EPS) of $0.49. The company's past performance shows a trend of beating EPS estimates, which has often resulted in a share price increase. CSX shares were trading at $33.75 as of July 18, with a 52-week increase of 9.34%.
July 19, 2023 | 3:02 pm
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CSX is expected to report an EPS of $0.49 in its upcoming earnings release. The company has a history of beating EPS estimates, which has often led to a share price increase.
The news is directly about CSX's upcoming earnings release. Given the company's history of beating EPS estimates and the subsequent positive impact on its share price, it's likely that the stock will react positively if the company beats the EPS estimate again. However, the actual impact will also depend on the company's guidance for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100