In Memoriam of Jim Foote
PRESS RELEASE April 17, 2024 – CSX is sad to share the news that Jim Foote, who served ...
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SEEKING ALPHA reports:
The company’s operating ratio fell 80 bps during the quarter to set a Q1 record of 58.7%.
Revenue for the quarter was down 5% as growth in merchandise revenue was more than offset by declines in coal and other revenue. Expenses were down 7% as efficiency gains continued.
– To read the full post, please click here.
– The Form 8-K is here.
– The earnings call presentation can be found here.
– You may also want to read this: “CSX EPS beats by $0.06, misses on revenue“.
– And this: “CSX 1Q profit drops 8%, railroad withdraws outlook for year“.
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