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Share Name | Share Symbol | Market | Type |
---|---|---|---|
CSX Corporation | NASDAQ:CSX | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 33.68 | 33.46 | 33.89 | 1 | 10:55:02 |
By Kimberly Chin
Shares of railroad company CSX Corp. (CSX) rose about 2.5% to $70.75 in after-hours trading Wednesday after the company beat analysts' earnings estimates.
The company reported third-quarter profit of $1.08 a share, compared with analysts' estimates of $1.01 a share, per a FactSet poll. Revenue also matched analysts' estimates.
The company has also managed to drive down expenses through its cost-cutting efforts. Expenses fell about 8% from a year ago.
Shares have gained 11% in the year so far.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
October 16, 2019 16:49 ET (20:49 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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