CSX GAAP EPS of $0.48 beats by $0.05, revenue of $3.71B beats by $130M
CSX press release  (NASDAQ:CSX): Q1  GAAP EPS of $0.48  beats by $0.05.
Revenue of $3.71B (+8.8% Y/Y)  beats by $130M;Â driven by solid volume growth in merchandise and coal, higher fuel surcharge, and pricing gains.
Operating income of $1.46 billion increased 14% compared to the prior year, with an operating ratio of 60.5%.
âOur ONE CSX initiatives are driving positive engagement among our employees and customers, which is lifting our service performance and providing us with exciting opportunities to win business and move more freight while maintaining our fundamental commitment to safe operations.â saidÂ Joe Hinrichs, president and chief executive officer.
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