Overview
- CSX reported fourth‑quarter revenue of $3.51 billion, operating income of $1.11 billion, and net earnings of $720 million, or $0.39 per share.
- Results fell short of analysts’ expectations for both revenue and EPS as weaker industrial demand and lower export coal volumes weighed on performance, partly offset by stronger intermodal traffic and pricing.
- The quarter included roughly $50 million tied to severance and technology rationalization, reducing earnings by about $0.02 per share.
- Management forecast operating‑margin expansion of 200–300 basis points in 2026 versus adjusted 2025 levels and prioritized productivity, cost control and capital discipline, helping the stock rise in extended trading.
- Operational metrics improved after major network work, with average train speed at 19.6 mph, on‑time performance at 87%, and new double‑stack container capability enabled by the Baltimore tunnel renovation.