The 10-second takeaway
For the quarter ended Dec. 30 (Q4), CSX met expectations on revenues and missed on earnings per share.
Compared to the prior-year quarter, revenue increased, and earnings per share grew.
Gross margins dropped, operating margins dropped, net margins improved.
CSX booked revenue of $3.0 billion. The 17 analysts polled by S&P Capital IQ expected sales of $3.0 billion. Sales were 4.8% higher than the prior-year quarter's $2.8 billion
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
EPS came in at $0.43. The 26 earnings estimates compiled by S&P Capital IQ averaged $0.44 per share. GAAP EPS of $0.43 for Q4 were 13% higher than the prior-year quarter's $0.38 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 36.5%, 270 basis points worse than the prior-year quarter. Operating margin was 28.5%, 150 basis points worse than the prior-year quarter. Net margin was 15.5%, 20 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $3.0 billion. On the bottom line, the average EPS estimate is $0.42.
Next year's average estimate for revenue is $12.5 billion.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,911 members out of 1,980 rating the stock outperform, and 69 members rating it underperform. Among 475 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 464 give CSX a green thumbs-up, and 11 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CSX is outperform, with an average price target of $27.24.
Can your retirement portfolio provide you with enough income to last? You'll need more than CSX. Learn about crafting a smarter retirement plan in "The Shocking Can't-Miss Truth About Your Retirement." Click here for instant access to this free report.
- Add CSX to My Watchlist.