Earnings Preview: CSX Reports Q3 Results Tuesday

Oct.13.11 | About: CSX Corporation (CSX)

CSX Corporation (NYSE:CSX) is due to report earnings after the closing bell on October 18, 2011.

CSX trades an average of 12.9 million shares per day.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services. The company offers traditional rail service, and the transport of intermodal containers and trailers. The company was founded in 1978 and is based in Jacksonville, Florida.

52-Week High: $27.06
52-Week Low: $17.69
Book Value: $8.15
Float Short: 1.72%

On average, 23 analysts are expecting a drop of $-0.02 in earnings per share compared to last quarter's results of $0.46. The reporting quarter's estimated mean earnings are $0.44 per share. Analyst estimates range between $0.40 and $0.47 per share.

In the last month, the stock has increased in price 3.12%, with a one-year change of 7.53%. Compared to the S&P 500, the year-to-date difference is 1.84%.

For the same fiscal period year-over-year, revenue has improved to $10.64 billion for 2010 vs. $9.04 billion for 2009. The bottom line has rising earnings year-over-year of $1.56 billion for 2010 vs. $1.14 billion for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $3.07 billion for 2010 vs. $2.27 billion for 2009.

paid2trade.com revenue gross bar chart for CSX Click to enlarge

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jun-11 $ 2.98 B $ 3.02 B $ 41.32 M 1.39%
Mar-11 $ 2.74 B $ 2.81 B $ 71.18 M 2.6%
Dec-10 $ 2.67 B $ 2.82 B $ 149.36 M 5.6%
Sep-10 $ 2.66 B $ 2.67 B $ 8.46 M 0.32%
Jun-10 $ 2.64 B $ 2.66 B $ 18.71 M 0.71%
Click to enlarge
M = millions; B = billions.
Differences are rounded.
Some one-time items are often excluded in reported EPS.

Click to enlarge

Reported earnings per share compared to the mean estimate. Differences are rounded.

Click to enlarge

Click to enlarge

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