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What's Behind The 7% Fall In CSX Stock?

By Forbes   |   Oct 21, 2024 at 09:09 AM EST
What's Behind The 7% Fall In CSX Stock?

CSX reported Q3 results slightly below estimates, with revenue at $3.6 billion and earnings at $0.46 per share. Revenue rose 1% y-o-y, driven by Merchandise segment growth but hindered by coal freight struggles. Operating margin improved to 37.4%.

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