News Summary
CSX Corp. announced its third-quarter earnings, revealing a profit of $694 million, surpassing expectations for adjusted earnings per share. However, total revenue fell short of predictions at $3.59 billion. The operating income was noted at $1.09 billion, with several factors contributing to the adjusted net earnings decline, including reduced coal prices. CSX’s emphasis on operational performance and growth opportunities was highlighted by CEO Steve Angel. Following the earnings call, the company aims to maintain efficiency amidst economic challenges.
Jacksonville, Florida – CSX Corp. reported third-quarter earnings of $694 million, achieving a net income per share of 37 cents. The adjusted earnings per share, which excludes asset impairment costs, reached 44 cents, surpassing Wall Street expectations that forecasted earnings of 42 cents per share. However, the company’s total revenue for the quarter was $3.59 billion, falling slightly short of analyst predictions of $3.6 billion.
The freight railroad’s operating income was recorded at $1.09 billion, with an adjusted operating income of $1.25 billion when excluding a non-cash goodwill impairment of $164 million. Compared to the same quarter last year, adjusted net earnings dropped from $894 million, or 46 cents per share, primarily due to a 1% decrease in revenue attributed to lower export coal prices and a decline in merchandise volume.
Despite the revenue decline, the volume of shipments for the quarter rose to 1.61 million units, representing a 1% increase compared to the third quarter of 2024. Additionally, some of the revenue decrease was offset by increases in other revenue sources and intermodal volume growth.
In the third quarter, CSX also experienced a $35 million impact in corporate restructuring, severance, and advisory expenses, which was reflected in the adjusted earnings for the quarter. CEO Steve Angel emphasized the company’s commitment to operational performance and exploring long-term growth opportunities.
Following the earnings announcement, CSX conducted a conference call for investors, media, and the public at 4:30 p.m. Eastern Time. The company provided a live webcast of the call on its corporate website to enhance access to its earnings discussions. Additional financial reports and resources are available through CSX’s investor relations portal for stakeholders and interested parties.
CSX Corp., a key player in the transportation industry, operates a vast network of railroads that plays a crucial role in moving freight across the Eastern United States. The company consistently seeks to balance operational efficiency with revenue growth, although it faces unique challenges including fluctuating commodity prices and changing market demands.
As a significant transporter of coal and other goods, CSX’s performance has implications not only for its investors but also for the wider economy, emphasizing the importance of monitoring its quarterly results. Investors and analysts often look to CSX as a barometer of economic health due to its extensive rail network and diverse shipment offerings.
Despite the minor revenue miss this quarter, the exceeded earnings expectations may provide a degree of reassurance to investors about the company’s profitability despite market headwinds. Moving forward, CSX’s strategic focus on operational excellence and addressing economic challenges will be vital for positioning the company for sustained growth.
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Additional Resources
- CT Post: CSX Q3 Earnings Snapshot
- Wikipedia: CSX Transportation
- GlobeNewswire: CSX Corp. Announces Third Quarter 2025 Results
- Google Search: CSX Transportation
- Trains.com: CSX Profits Fall on Lower Revenue, Higher Costs
- Encyclopedia Britannica: Railroad
- News4Jax: CSX in Merger Spotlight
- Google News: CSX Earnings
Author: STAFF HERE JACKSONVILLE WRITER
The JACKSONVILLE STAFF WRITER represents the experienced team at HEREJacksonville.com, your go-to source for actionable local news and information in Jacksonville, Duval County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Jacksonville Jazz Festival, Riverside Arts Market, and World of Nations Celebration. Our coverage extends to key organizations like the Jacksonville Chamber of Commerce and JAXUSA Partnership, plus leading businesses in logistics, healthcare, and entertainment that power the local economy such as CSX Corporation, Baptist Health, and VyStar Credit Union. As part of the broader HERE network, including HEREOrlando.com, HEREStPetersburg.com, HERETallahassee.com, and HERETampa.com, we provide comprehensive, credible insights into Florida's dynamic landscape.
