CSX Reports Strong Q3 2026 Results with Double-Digit Revenue and EPS Growth
CSX reported robust third-quarter 2026 financial results, highlighted by a 12% year-over-year revenue increase to $4.02 billion and a 30% jump in adjusted earnings per share to $0.57. The company's performance was bolstered by record intermodal revenue, which grew 20%, and strong demand in the metals segment. These gains helped offset a 13% decline in fertilizer volumes caused by supply issues and low crop prices. Operational efficiency remained a key driver of profitability, with operating margins expanding by 420 basis points to 39.1%. Management noted significant progress in productivity, including record fuel efficiency and reduced nonfuel costs despite higher labor expenses. Looking ahead, CSX raised its full-year revenue growth guidance to the high single digits and expects free cash flow to grow by more than 80% for the year.
Tickers: $CSX
Topics: eps growth intermodal performance operating margin revenue growth segment analysis