Recap: CSX Q2 Earnings
Shares of CSX (NASDAQ:CSX) rose in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were down 38.46% year over year to $0.40, which beat the estimate of $0.37.
UPDATE: CSX Q2 Adj. EPS $0.40 Beats $0.37 Estimate, Sales $2.99B Beat $2.92B Estimate
CSX (NASDAQ:CSX) reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.37 by 8.11 percent. This is a 38.46 percent decrease over earnings of $0.65 per share from the same period
Earnings Strength From J&J, Chipotle, Coca-Cola Helps Set Positive Early Tone
The earnings parade continues, with a steady flow of solid corporate results helping Wall Street recover from Monday’s huge plunge. In fact, the major indices are basically back where they were Friday after two crazy days, making it look like Monday and Tuesday never happened.
Earnings Scheduled For July 21, 2021
Companies Reporting Before The Bell
Verizon Communications Inc. (NYSE: VZ) is estimated to report quarterly earnings at $1.29 per share on revenue of $32.68 billion.
Earnings Preview: CSX
CSX (NASDAQ:CSX) announces its next round of earnings this Wednesday, July 21. Here is Benzinga's look at CSX's Q2 earnings report.
Monday’s Market Minute: Copper, Crude, And Central Banks
Another busy week for investors and traders ahead in terms of eco-data earnings and overall potential market movers. Let’s take a market minute to get ahead of what’s to come.
Stocks That Hit 52-Week Lows On Monday
Stocks That Hit 52-Week Lows On Monday
Monday morning, 285 companies reached new 52-week lows.
US Rail Volumes Flat Amid July Fourth Holiday
The Fourth of July holiday weekend resulted in weaker U.S. volume comparisons year-over-year, but the overall trend for 2021 is still upward for intermodal volumes.
Meanwhile, rail observers anticipate the start of the earnings seasons and the Class I railroads' responses to how they handled supply chain congestion in the second quarter (see below).
Baidu And Nvidia Lead The QQQ Lower Thursday
U.S. indices were trading lower Thursday amid concerns the economic recovery is slowing. Growing concerns over the COVID-19 Delta variant have also weighed on sentiment amid a rise in cases in some U.S. states and a state of emergency declared in Japan.
June Carloads Reflect An Economy In ‘Much Better Shape’
U.S. railroads reported that carloads and intermodal originations reached 2.56 million during June, up 14.5% year-over-year, according to weekly data provided by the Association of American Railroads (AAR).