CSX Q2 2024 GAAP EPS $0.49 Beats $0.48 Estimate, Sales $3.7B vs $3.702B Estimate
Portfolio Pulse from Benzinga Newsdesk
CSX Corporation (NASDAQ: CSX) reported Q2 2024 earnings per share (EPS) of $0.49, beating the analyst consensus estimate of $0.48 by 2.08%. However, the company's quarterly sales of $3.7 billion slightly missed the analyst consensus estimate of $3.702 billion by 0.04%. This represents a 0.03% increase over the same period last year.
August 05, 2024 | 8:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
CSX reported Q2 2024 EPS of $0.49, beating estimates by 2.08%, but sales of $3.7 billion missed estimates by 0.04%. Sales increased 0.03% YoY.
The positive EPS surprise is likely to have a favorable impact on CSX's stock price in the short term, despite the slight miss in sales. The YoY sales increase also adds a positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100