CSX Earnings Prediction
The chart below shows how CSX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CSX sees a +0.16% change in stock price 10 days leading up to the earnings, and a +2.16% change 10 days following the report. On the earnings day itself, the stock moves by -1.12%. This data can give you a slight idea of what to expect for the next quarter's release.
CSX Key Earning Data
CSX Earnings Analysis
Positive
Volume Growth Analysis: Total volume grew by 3% year-over-year, driven by strong performance in the merchandise business, which also saw a 3% increase in volume.
Merchandise Revenue Increase: Merchandise revenue increased by 6% compared to last year, supported by favorable pricing and volume growth.
Operating Margin Improvement: Operating margin improved by 180 basis points to 37.4%, reflecting strong year-over-year expansion and effective cost management.
Earnings Growth Performance: Earnings per share rose by 12%, demonstrating solid business performance and a commitment to capital returns.
Strong Free Cash Flow: Free cash flow remained robust at over $2.2 billion, with over $1.9 billion returned to shareholders year-to-date, highlighting a balanced approach to capital allocation.
Negative
Stagnant Revenue Growth: Total revenue increased by only 1% year-over-year, primarily impacted by lower coal revenue and declines in fuel recovery, indicating a stagnation in growth despite operational efforts.
Coal Revenue Decline: Coal revenue declined by 7% with a 2% decrease in volume, driven by a 12% drop in domestic tonnage, reflecting ongoing challenges in the coal market.
Intermodal Revenue Decline: Intermodal revenue decreased by 2% year-over-year, with total intermodal revenue per unit (RPU) down 5%, highlighting pricing pressures and a shift in market dynamics.
Storm Impact on Revenue: Hurricane Helene impacted revenue by $10 million to $15 million in Q3, with estimated Q4 storm-related impacts expected to reach around $50 million, indicating significant operational disruptions and financial strain.
Operating Margin Decline: Operating margin is expected to decrease in Q4 due to lower revenue and additional expenses from hurricane recovery efforts, suggesting a challenging environment for maintaining profitability.
CSX FAQs
How does CSX typically perform around its earnings report dates?
CSX's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a +0.16% change leading up to the report and a +2.16% change in the 10 days following the release.
Is Earnings call transcript: CSX Q4 2024 misses EPS forecast, stock dips positive or negative?
How can historical earnings data help predict future stock performance?
CSX Earning Call Sentiment
Earnings call transcript: CSX Q4 2024 misses EPS forecast, stock dips
CSX.O
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