CSX Corporation Announces First-Quarter Earnings, Dividend Increase and New Share Rep

Mr. RSS Apr 14, 2015

  1. Mr. RSS

    Mr. RSS Administrator

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    JACKSONVILLE, Fla., April 14, 2015 /PRNewswire/ -- Highlights:Double-digit growth in operating income, net earnings and earnings per share Quarterly dividend increases 13 percent, effective in June New $2 billion share repurchase program CSX Corporation (NYSE: CSX) today announced first-quarter 2015 net earnings of $442 million, an 11 percent increase¤from $398 million in the same period last year. The company also generated earnings per share of $0.45, a 13 percent increase from $0.40 per share in the first quarter of 2014. Revenue in the quarter was $3.0 billion, driven by growth across many of CSX's markets and an improved pricing environment, partially offset by th...

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  2. Hardcoaler

    Hardcoaler TrainBoard Member

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    NS shares were hammered today, down over 4% on significantly lower revenues. Many roads are trading at the halfway mark in their 52-week range, but NS is down much more. NS's new CEO has his work cut out for him.
     

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