CSX stock falls after earnings miss

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

CSX Corp. shares dropped in the extended session Tuesday after the railroad operator's quarterly results fell short of Wall Street estimates. CSX shares fell...

CSX Corp. CSX, +1.34% shares dropped in the extended session Tuesday after the railroad operator's quarterly results fell short of Wall Street estimates. CSX shares fell 5.5% after hours, following a 1.3% rise to close the regular session at $79.55.

The company reported second-quarter net income of $870 million, or $1.08 a share, compared with $877 million, or $1.01 a share, in the year-ago period. Revenue declined to $3.06 billion from $3.1 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of $1.11 a share on revenue of $3.14 billion.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

China's Xiaomi continues chip strategy revamp with investment in semiconductor designerChina's Xiaomi Corp has taken a stake of roughly 6% in compatriot... Xiaomi likes Huawei,not a normal company,you will see if you study Chinese companies of top 100
La source: Reuters - 🏆 2. / 97 Lire la suite »

Lear's stock sinks after cutting full-year guidance as industry volumes continue to declineShares of Lear Corp. sank 7.6% in premarket trading Tuesday, after the automotive electrical systems company cut its full-year outlook, citing continued...
La source: MarketWatch - 🏆 3. / 97 Lire la suite »