CSX Corp is a leading transportation company that operates a substantial freight rail network in the eastern United States, offering services for a diverse range of industries. The company specializes in the movement of various commodities, such as coal, chemicals, intermodal containers, agricultural products, and automotive components, ensuring efficient transportation solutions that support both local and national economies. With a commitment to operational efficiency and sustainability, CSX leverages advanced technology and infrastructure to enhance the reliability of its services, making it a crucial player in the logistics and transportation sector. Read More
A potential railroad merger has sparked retail interest in railroad stocks following The Wall Street Journal's report that Union Pacific is considering acquiring Norfolk Southern.
Freight rail services provider CSX (NASDAQ:CSX) met Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 3.4% year on year to $3.57 billion. Its GAAP profit of $0.44 per share was 5.5% above analysts’ consensus estimates.
JACKSONVILLE, Fla., July 23, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced second quarter 2025 operating income of $1.28 billion compared to $1.45 billion in the prior year period. Net income was $829 million, or $0.44 per diluted share, compared to $963 million, or $0.49 per diluted share, in the same period last year. Total volume of 1.58 million units for the quarter was flat compared to second quarter 2024 and up 4% sequentially.
Shares of freight rail services provider CSX (NASDAQ:CSX)
jumped 4% in the pre-market session after the company's stock rose amid reports of potential merger and acquisition activity heating up within the U.S. freight rail industry.
Before the opening bell on Tuesday, let's take a glimpse of the US markets and explore the S&P500 top gainers and losers in today's pre-market session.
Shares of freight rail services provider CSX (NASDAQ:CSX)
jumped 3.1% in the afternoon session after a report revealed that rival railroad operator Union Pacific (NYSE: UNP) was exploring a potential acquisition.
Shares of freight transportation company Union Pacific (NYSE:UNP)
fell 3.2% in the pre-market session after reports revealed the company was considering a major acquisition of an East Coast railroad.
Before the US market kicks off on Thursday, let's examine the pre-market session and unveil the notable performers among the S&P500 top gainers and losers.
JACKSONVILLE, Fla., July 16, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) announced that the Company’s Board of Directors approved a $0.13 per share quarterly dividend on the Company’s common stock. The dividend is payable on September 15, 2025, to shareholders of record at the close of business on August 29, 2025.
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability.
But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
Even if a company is profitable, it doesn’t always mean it’s a great investment.
Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.
JACKSONVILLE, Fla., June 25, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release second quarter financial and operating results after the market close on Wednesday, July 23, 2025. This will be followed by a conference call and live webcast hosted by the company’s management team at 4:30 p.m. Eastern Time.
