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Stock Market & Financial Investment News

News Breaks
January 23, 2013
08:40 EDTCSXCSX expects coal headwinds to moderate in 2013
Expects coal export volume to be about 40M tons in 2013.
News For CSX From The Last 14 Days
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May 15, 2013
07:33 EDTCSXNational Association of Business Economics to hos a conference
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May 9, 2013
11:03 EDTCSXCSX CFO Fredrik Eliasson reaffirms 2013 view as a transitional year
On the company presentation, at the Well Fargo Industrial & Construction Conference, the CFO restated expectations of 2013 being another transition year, expecting full-year EPS to be flat to slightly down from 2012 as the railroad company continues to face headwinds in coal. The company sees earnings growth and operating ratio improvement in 2014 and 2015. Over those two years, CSX is targeting average annual earnings per share growth of 10% to 15% off the 2013 base.

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