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In comparison with Estimates, CSX (CSX) Q3 Earnings: A Have a look at Key Metrics

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For the quarter ended September 2024, CSX (CSX) reported income of $3.62 billion, up 1.3% over the identical interval final 12 months. EPS got here in at $0.46, in comparison with $0.42 within the year-ago quarter.

The reported income compares to the Zacks Consensus Estimate of $3.68 billion, representing a shock of -1.56%. The corporate delivered an EPS shock of -4.17%, with the consensus EPS estimate being $0.48.

Whereas traders intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they evaluate to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.

Since these metrics play an important function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher mission a inventory’s value efficiency.

Right here is how CSX carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:

  • Working Margin: 37.4% in comparison with the 62% common estimate primarily based on 5 analysts.
  • Income per unit – Intermodal: $697 versus $719.66 estimated by 4 analysts on common.
  • Quantity – Merchandise – Automotive: 98 thousand versus 101.14 thousand estimated by 4 analysts on common.
  • Quantity – Merchandise – Minerals: 96 thousand versus 94.57 thousand estimated by 4 analysts on common.
  • Income- Coal: $553 million in comparison with the $561.69 million common estimate primarily based on 5 analysts. The reported quantity represents a change of -6.9% 12 months over 12 months.
  • Income- Intermodal: $509 million in comparison with the $529.24 million common estimate primarily based on 5 analysts. The reported quantity represents a change of -1.6% 12 months over 12 months.
  • Income- Merchandise- Fertilizers: $118 million versus the four-analyst common estimate of $132.40 million. The reported quantity represents a year-over-year change of -4.8%.
  • Income- Merchandise- Chemical compounds: $727 million in comparison with the $698.44 million common estimate primarily based on 4 analysts. The reported quantity represents a change of +12.5% 12 months over 12 months.
  • Income- Merchandise- Automotive: $301 million versus the four-analyst common estimate of $314.07 million. The reported quantity represents a year-over-year change of -2.3%.
  • Income- Merchandise- Minerals: $202 million in comparison with the $198.20 million common estimate primarily based on 4 analysts. The reported quantity represents a change of +6.3% 12 months over 12 months.
  • Income- Merchandise- Forest Merchandise: $259 million versus $269.53 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +6.6% change.
  • Income- Complete Merchandise: $2.23 billion versus $2.26 billion estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +5.6% change.

View all Key Company Metrics for CSX here>>>

Shares of CSX have returned +4.2% over the previous month versus the Zacks S&P 500 composite’s +3.5% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out in keeping with the broader market within the close to time period.

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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.

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