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More on CSX (CSX): Q1 beats on a per share basis, but revenue came in at nearly $3B, essentially...

More on CSX (CSX): Q1 beats on a per share basis, but revenue came in at nearly $3B, essentially flat from the year before and shy of the $2.9B analysts expected as gains in merchandise, intermodal and other revenue offset declines in the company's coal business. The company also announced $1B share buyback program.
Comments (5)
  • Philip Marlowe
    , contributor
    Comments (920) | Send Message
     
    Huh? I cannot parse this passage:

     

    "but revenue came in at nearly $3B, essentially flat from the year before, but shy of the $2.9B analysts expected"

     

    How is 3B shy of 2.9B?
    16 Apr 2013, 04:27 PM Reply Like
  • nemonemo
    , contributor
    Comments (309) | Send Message
     
    This is seeking alpha alpha alpha. Anything can happen.
    16 Apr 2013, 04:31 PM Reply Like
  • Left Banker
    , contributor
    Comments (1833) | Send Message
     
    You say you can't parse this? Probably because it's wrong:

     

    "The Jacksonville, Fla.-based railroad reported $459 million net income, or 45 cents per share, on $2.96 billion in revenue. That beat Wall Street's expectations and topped last year's $449 million profit, or 43 cents per share.

     

    Analysts surveyed by FactSet expected earnings of 40 cents per share on revenue of $2.92 billion." (AP)
    16 Apr 2013, 04:57 PM Reply Like
  • TwistTie
    , contributor
    Comments (2477) | Send Message
     
    The important thing is that there's a railroad.
    17 Apr 2013, 07:54 AM Reply Like
  • jakeroo1
    , contributor
    Comments (2) | Send Message
     
    I don't see anything wrong with those earnings.
    17 Apr 2013, 06:39 PM Reply Like
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