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Dec 31, 2019
CSX Q4 2019 Earnings Report
CSX's Q4 2019 earnings were announced, revealing a decrease in revenue but a record operating ratio.
Key Takeaways
CSX reported Q4 2019 net earnings of $771 million, or $0.99 per share, compared to $843 million, or $1.01 per share in the same period last year. Revenue decreased by 8% to $2.89 billion, while expenses decreased by 9% to $1.73 billion. The operating ratio set a company record for the fourth quarter at 60.0 percent.
Net earnings for Q4 2019 were $771 million, or $0.99 per share.
Q4 2019 revenue decreased 8% year-over-year to $2.89 billion.
Operating ratio for Q4 2019 was a record 60.0 percent.
Full year 2019 net earnings were $3.33 billion, or $4.17 per share.
CSX
CSX
Forward Guidance
This information and other statements by the company may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act.