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CSX Corporation (NYSE:CSX ) announced record breaking net earnings for Q1 of $459 million.
CSX Corporation (NYSE:CSX) announced record breaking net earnings for Q1 of $459 million.
As quoted in the press release:
Revenue in the quarter was nearly $3.0 billion, essentially flat from the year before, as gains in merchandise, intermodal and other revenue offset declines in the company’s coal business.
CSX’s Chairman, President and CEO, Michael J. Ward, said:
At the same time, we are prepared for the economy to accelerate and have great confidence in the long-term outlook for the business.