CSX Q1 2021 Earnings Report

CSX's first quarter earnings decreased due to declines in merchandise, coal, and fuel surcharge revenues, despite growth in intermodal and other revenues.

Key Takeaways

CSX Corp. reported first quarter 2021 net earnings of $706 million, or $0.93 per share, compared to $770 million, or $1.00 per share in the same period last year. Revenue for the first quarter decreased 1 percent from the prior year to $2.81 billion.

Net earnings for Q1 2021 were $706 million, or $0.93 per share.

Revenue for Q1 2021 decreased 1 percent year over year to $2.81 billion.

Expenses increased 2 percent year over year to $1.71 billion.

Operating income declined 7 percent for the quarter to $1.10 billion.

Total Revenue

$2.81B

Previous year: $2.86B