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Mar 31, 2022

CSX Q1 2022 Earnings Report

CSX reported a solid quarter with increased revenue and earnings per share.

Key Takeaways

CSX Corp. announced first quarter 2022 net earnings of $859 million, or $0.39 per share, compared to $706 million, or $0.31 per share in the same period last year. Revenue reached $3.41 billion for the quarter, increasing 21% year-over-year.

Net earnings reached $859 million, or $0.39 per share.

Revenue reached $3.41 billion, up 21% year-over-year.

Operating income increased 16% to $1.28 billion.

Diluted EPS increased 26% from $0.31 to $0.39.

Total Revenue
$3.41B
Previous year: $2.81B
+21.2%
EPS
$0.39
Previous year: $0.31
+25.8%
Gross Profit
$1.26B
Previous year: $1.1B
+14.0%
Cash and Equivalents
$1.94B
Previous year: $2.96B
-34.5%
Free Cash Flow
$968M
Previous year: $926M
+4.5%
Total Assets
$40.5B
Previous year: $39.7B
+1.9%

CSX

CSX