CSX Fourth Quarter Earnings Sneak Peek
S&P 500 (NYSE:SPY) component CSX (NYSE:CSX) will unveil its latest earnings tomorrow, Tuesday, January 22, 2013. CSX provides rail-based transportation services including traditional rail service and the transport of intermodal containers and trailers.
CSX Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for profit of 39 cents per share, a decline of 9.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 44 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 40 cents during the last month. Analysts are projecting profit to rise by 4.2% versus last year to $1.74.
Past Earnings Performance: The company met estimates last quarter after beating the forecasts in the prior two. In the third quarter, the company reported net income of 44 cents per share versus a mean estimate of profit of 44 cents per share. In the second quarter, the company beat estimates by 2 cents.
Start 2013 better than ever by saving time and making money with your Limited Time Offer for our highly-acclaimed Stock Picker Newsletter. Click here for our fresh Feature Stock Pick now!
Here’s how CSX traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: