The company said fourth-quarter operating income for Q4 2023 was $1.32 billion, down from $1.46 billion a year earlier. Net earnings were $886 million, or $0.45 per diluted share, versus $1.02 billion, or $0.49 per share, a year earlier.

1. 01

   The company said fourth-quarter operating income for Q4 2023 was $1.32 billion, down from $1.46 billion a year earlier. Net earnings were $886 million, or $0.45 per diluted share, versus $1.02 billion, or $0.49 per share, a year earlier.

2. 02

   The company said revenue for Q4 fell 1% year over year to $3.68 billion, operating income dropped 10% from the same period last year, and the operating ratio was 64.1%. The company explained that volume growth and merchandise pricing were offset by lower intermodal storage revenue and other factors.

3. 03

   CSX said full-year 2023 operating income was $5.56 billion, down 8% from a year earlier. Net earnings were $3.72 billion, or $1.85 per share, compared with $4.17 billion, or $1.95 per share, in 2022.

4. 04

   The company said full-year 2023 revenue was $14.66 billion, down 1% from a year earlier, and its operating ratio was 62.1%. It also said that operating income for 2022 included $144 million in gains from the property sale agreement with the Commonwealth of Virginia.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.