Csx Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 17, 2020 at 02:33 am IST
CSX Corporation announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was USD 2,885 million compared to USD 3,143 million a year ago. Operating income was USD 1,154 million compared to USD 1,249 million a year ago. Net income was USD 771 million compared to USD 843 million a year ago. Diluted earnings per share from continuing operations was USD 0.99 compared to USD 1.01 a year ago. For the full year, sales was USD 11,937 million compared to USD 12,250 million a year ago. Operating income was USD 4,965 million compared to USD 4,869 million a year ago. Net income was USD 3,331 million compared to USD 3,309 million a year ago. Diluted earnings per share from continuing operations was USD 4.17 compared to USD 3.84 a year ago.