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.
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%.