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CSX boss pledges continued improvements to to shoddy reliability as quarterly profit falls 24%

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  • المصدر:
    AP Regional State Report - Florida, 10/19/2023
  • معلومة اضافية
    • نبذة مختصرة :
      OMAHA, Neb. (AP) — CSX reported a 24% drop in the railroad's third-quarter profit Thursday as it hauled 2% less freight, but the CEO said customers are noticing that its trains are running more smoothly.The Jacksonville, Florida-based railroad said it earned $846 million, or 42 cents per share, in the quarter. That's down from $1.1 billion, or 52 cents per share, a year ago. The results fell just short of the 43 cents per share that Wall Street was expecting, according to a survey of analysts done by FactSet Research. [ABSTRACT FROM PUBLISHER]