After the bell on Tuesday, CSX Corp (CSX
) announced its third quarter results, with earnings increasing from last year’s same quarter.
The Jacksonville, FL-based transportation company reported revenues of $3 billion, which came in higher than analysts’ estimates of $2.94 billion. CSX announced earnings of $463 million, or 46 cents per share, which were up from last year’s Q3 figure of $455 million, or 44 cents per share. The company’s quarterly EPS results beat the analyst outlook of 43 cents.
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Looking ahead, the company stated that it expects its EPS results for the full year to be up from 2012′s earnings.
CSX shares were up 8 cents, or 0.31%, by Tuesday’s market close. YTD, the company’s stock is up 29%.
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