CSX says impact of harsh weather on Q1 EPS approaching 10c per share CSX said its first quarter results have been impacted by harsh winter weather and that the impact approaching 10c per share. CSX said full-year EPS growth is now viewed as more modest. CSX added that it is overcoming the transition in the energy markets and that domestic coal volume are now expected to grow in 2014, though export coal volume and price are still expected to remain challenged. CSX sees merchandise/Intermodal growth to be broad-based. Information from slides for presentation at the J.P. Morgan Aviation, Transportation and Industrials conference.
News For CSX From The Last 14 Days
Check below for free stories on CSX the last two weeks.
CSX price target raised to $38 from $33 at Argus Argus increased its price target on CSX after the company reported stronger than expected Q2 results. The firm remains upbeat on North American railroad companies and keeps a Buy rating on CSX.