WASHINGTON (dpa-AFX) - CSX Corp (CSX) revealed a profit for first quarter that dropped from last year.
The company's bottom line came in at $770 million, or $1.00 per share. This compares with $834 million, or $1.02 per share, in last year's first quarter.
Analysts had expected the company to earn $0.94 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 5.0% to $2.86 billion from $3.01 billion last year.
CSX Corp earnings at a glance:
-Earnings (Q1): $770 Mln. vs. $834 Mln. last year. -EPS (Q1): $1.00 vs. $1.02 last year. -Analysts Estimate: $0.94 -Revenue (Q1): $2.86 Bln vs. $3.01 Bln last year.
Copyright RTT News/dpa-AFX
© 2020 AFX News
