CSX (CSX) Dips More Than Broader Markets: What You Should Know

CSX (CSX) Dips More Than Broader Markets: What You Should Know
This story originally appeared on Zacks

CSX (CSX) closed the most recent trading day at $36.01, moving -1.99% from the previous trading session. This change lagged the S&P 500’s daily loss of 0.91%. Elsewhere, the Dow lost 0.89%, while the tech-heavy Nasdaq added 0.4%.

CSX (CSX) Dips More Than Broader Markets: What You Should Know – Zacks

Heading into today, shares of the freight railroad had gained 4.29% over the past month, outpacing the Transportation sector’s loss of 1.63% and the S&P 500’s gain of 1.55% in that time.

Wall Street will be looking for positivity from CSX as it approaches its next earnings report date. The company is expected to report EPS of $0.42, up 20% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $3.35 billion, up 18.66% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $1.56 per share…

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