CSX Reports Strong Q2 Earnings with Revenue Growth and Improved Financial Performance
CSX Corp. (NASDAQ: CSX) reported second-quarter earnings that exceeded Wall Street expectations, driven by a 10.1% year-over-year revenue increase to $3.94 billion and GAAP EPS of $0.54. The railroad improved its operating margin to 38.3%, with free cash flow turning positive at $687 million from negative in the prior year.
Tickers: $CSX
Topics: free_cash_flow operating_margin railroad revenue_growth