CSX Analysts Slash Their Forecasts Following Weak Q3 Earnings
Portfolio Pulse from Avi Kapoor
CSX Corporation reported weaker-than-expected Q3 earnings, missing both earnings per share and revenue estimates. Analysts have subsequently lowered their price targets for the stock.
October 17, 2024 | 1:08 pm
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CSX Corporation reported Q3 earnings that missed estimates, with GAAP earnings of 46 cents per share and revenue of $3.62 billion. Analysts have lowered their price targets, reflecting a cautious outlook.
CSX's Q3 earnings missed both EPS and revenue estimates, leading to a slight decline in share price. Analysts have responded by lowering price targets, indicating a negative short-term outlook.
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IMPORTANCE 80
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