Historical Stock Chart
2 Months : From Sep 2019 to Nov 2019
By Kimberly Chin
Shares of railroad company CSX Corp. (CSX) rose about 2.5% to $70.75 in after-hours trading Wednesday after the company beat analysts' earnings estimates.
The company reported third-quarter profit of $1.08 a share, compared with analysts' estimates of $1.01 a share, per a FactSet poll. Revenue also matched analysts' estimates.
The company has also managed to drive down expenses through its cost-cutting efforts. Expenses fell about 8% from a year ago.
Shares have gained 11% in the year so far.
Write to Kimberly Chin at email@example.com
(END) Dow Jones Newswires
October 16, 2019 16:49 ET (20:49 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.