Investing.com - CSX (NASDAQ:CSX) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CSX announced earnings per share of $0.39 on revenue of $3.41B. Analysts polled by Investing.com anticipated EPS of $0.3799 on revenue of $3.33B.
CSX shares are down 33% from the beginning of the year and are trading at $36.11 , down-from-52-week-high.They are under-performing the S&P 500 which is down 6.43% from the start of the year.
CSX shares gained 2.29% in after-hours trade the report.
CSX follows other major Industrials sector earnings this month
CSX's report follows an earnings beat by Lockheed Martin on Tuesday, who reported EPS of $6.44 on revenue of $14.96B, compared to forecasts EPS of $6.21 on revenue of $15.64B.
Cintas had beat expectations on March 23 with third quarter EPS of $2.69 on revenue of $1.96B, compared to forecast for EPS of $2.44 on revenue of $1.91B.
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