CSX reports record $4.02 billion third-quarter revenue, EPS rises 54%

  • CSX reported record third-quarter revenue of $4.02 billion and net earnings of $1.05 billion, or $0.57 per diluted share.
  • CSX shares rose 4.03% to $50.35 in Wednesday's extended trading after the earnings release.
  • Total volume increased 5% to 1.69 million units, including 7% intermodal growth, while operating margin reached 39.1%.

CSX reported record third-quarter fiscal 2026 revenue of $4.02 billion, up 12% from a year earlier, and net earnings of $1.05 billion, or $0.57 per diluted share, compared with $694 million, or $0.37 per share, in the prior-year quarter. Revenue and earnings exceeded analyst estimates, although the estimates cited by different sources were slightly different: Benzinga Pro listed forecasts of $3.96 billion and 53 cents per share, while Zacks Investment Research cited $3.95 billion and 52 cents. Higher fuel surcharge revenue, freight volume and pricing supported the results. Total volume rose 5% to 1.69 million units, including 7% growth in intermodal. Operating income increased to $1.57 billion from $1.09 billion, and operating margin expanded 880 basis points to 39.1%. CSX shares rose 4.03% to $50.35 in Wednesday's extended trading. The stock remained above its major moving averages, with the price 11.9% above the 200-day SMA; the 50-day SMA was above the 200-day SMA, while the 20-day SMA remained below the 50-day SMA. RSI stood at 68.53 and MACD was above its signal line, indicating strong momentum but leaving the stock close to overbought territory.

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