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Sep 30, 2021
CSX Q3 2021 Earnings Report
CSX announced third quarter 2021 financial results.
Key Takeaways
CSX reported a revenue increase of 24% to $3.29 billion, driven by growth across all business lines, increases in other revenue and the inclusion of Quality Carriers’ results. Net earnings were $968 million, or $0.43 per share, compared to $736 million, or $0.32 per share in the same period last year. Operating income improved 26 percent to $1.44 billion for the quarter.
Third quarter 2021 net earnings were $968 million, or $0.43 per share.
Revenue for the third quarter increased 24 percent to $3.29 billion.
Operating income improved 26 percent to $1.44 billion for the quarter.
Third quarter 2021 operating ratio was 56.4% compared to 56.9% in the prior year period.