CSX Announces Record First Quarter Results

Mr. RSS Apr 18, 2012

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    JACKSONVILLE, Fla., April 17, 2012 /PRNewswire via COMTEX/ --Year-Over-Year Highlights: Operating income improves 11 percent to $856 million Operating ratio improves 140 basis points to 71.1 percent Earnings per share increases 23 percent to $0.43 per share CSX Corporation (NYSE: CSX) today announced first quarter net earnings of $449 million, or $0.43 per share, versus $395 million, or $0.35 per share, in the same period last year. This represents a 23 percent year-over-year improvement in earnings per share."CSX is off to a fast start in a year that will be dynamic and challenging," said Michael J. Ward, chairman, president and chief executive officer. "A significan...

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