The company said operating income for Q1 2024 was $1.35 billion, down from $1.46 billion a year earlier, and net earnings were $893 million ($0.46 per diluted share), down from $987 million ($0.48 per share) a year earlier.

1. 01

   The company said operating income for Q1 2024 was $1.35 billion, down from $1.46 billion a year earlier, and net earnings were $893 million ($0.46 per diluted share), down from $987 million ($0.48 per share) a year earlier.

2. 02

   The company said revenue for Q1 totaled $3.68 billion, down 1% year over year. It cited lower fuel surcharge and other revenue, weaker trucking revenue and lower export coal prices as offsetting gains in merchandise pricing and higher intermodal and coal volumes. Revenue for Q1 was flat sequentially.

3. 03

   CSX said operating income for Q1 fell 8% from a year earlier but rose 3% from Q4 2023. The operating margin was 36.8%, down 270 basis points year over year and up 90 basis points sequentially. Diluted EPS was $0.46, down 4% from $0.48 a year earlier and up 2% from the previous quarter.

4. 04

   The company said total volume for Q1 2024 was 1.53 million units, up 3% from Q1 2023. By segment, intermodal volume rose 7% and coal volume rose 2%, while merchandise volume was not changed.

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

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