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Jun 30, 2022
CSX Q2 2022 Earnings Report
CSX reported second quarter EPS of $0.54.
Key Takeaways
CSX Corp. announced second quarter 2022 net earnings of $1,178 million, or $0.54 per share, compared to $1,173 million, or $0.52 per share in the same period last year. Second quarter 2022 operating income was $1.70 billion compared to $1.69 billion in the prior year period.
Revenue reached $3.82 billion for the quarter, increasing 28% year-over-year.
Operating income of $1.70 billion increased 1% compared to the prior year.
Operating ratio increased to 55.4%, including the effects of lower real estate gains, the acquisition of Quality Carriers and higher fuel prices.
Diluted EPS of $0.54 increased 4% from $0.52 for the second quarter of 2021.
Forward Guidance
Though volatile commodity prices and persistent inflation have added uncertainty to the economy, our efforts remain focused on adding the resources needed to deliver improvements in our network performance, lift customer satisfaction and develop new rail service solutions to drive meaningful growth over the long term.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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