Enter multiple symbols separated by commas

CSX Quarterly Earnings Rise

U.S. railroad CSX Corp. said Monday that its quarterly net profit rose, citing strong pricing for its freight services.

The Jacksonville, Florida-based company reported fourth-quarter net profit, including insurance recoveries related to Hurricane Katrina, of $347 million or 75 cents per share, compared with earnings of 52 cents per share a year earlier. Excluding items, CSX earned 57 cents a share for the quarter.

Wall Street analysts, on average, had expected earnings per share for the quarter of 57 cents, according to Reuters Estimates.

Contact U.S. News


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Don't Miss

U.S. Video