The 10-second takeaway
For the quarter ended Dec. 28 (Q4), CSX beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped slightly and GAAP earnings per share stayed the same.
Gross margins expanded, operating margins contracted, net margins dropped.
CSX logged revenue of $2.90 billion. The 20 analysts polled by S&P Capital IQ wanted to see sales of $2.85 billion on the same basis. GAAP reported sales were 2.3% lower than the prior-year quarter's $2.95 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.43. The 28 earnings estimates compiled by S&P Capital IQ anticipated $0.39 per share. GAAP EPS of $0.43 were the same as the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 37.3%, 80 basis points better than the prior-year quarter. Operating margin was 27.9%, 60 basis points worse than the prior-year quarter. Net margin was 15.4%, 10 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $2.96 billion. On the bottom line, the average EPS estimate is $0.42.
Next year's average estimate for revenue is $11.96 billion. The average EPS estimate is $1.84.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 2,035 members out of 2,108 rating the stock outperform, and 73 members rating it underperform. Among 479 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 468 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 $24.58.
If you're interested in transportation companies like CSX, then you should check out our special report that features 3 companies who depend on, and invest in, that industry. Learn the basic financial habits of millionaires next door and get these 3 focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add CSX to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.