By Allison Prang

 

CSX Corp.'s top line fell in the first quarter and its net earnings declined from a year ago.

The transportation company's net earnings were $706 million, or 93 cents a share. Profit fell from $770 million, or $1 a share, a year earlier. Earnings missed Wall Street's consensus estimate according to FactSet.

Revenue was $2.81 billion and slipped from $2.86 billion a year earlier. Analysts were expecting $2.79 billion.

 

Write to Allison Prang at allison.prang@wsj.com

 

(END) Dow Jones Newswires

April 20, 2021 16:26 ET (20:26 GMT)

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