CSX Corporation to Announce Q1 2025 Earnings Amid Challenges
With a market capitalization of $52.8 billion, CSX Corporation (CSX) stands as a significant player in the transportation sector, providing rail-based freight services across the United States and Canada. The company, headquartered in Jacksonville, Florida, operates through two primary segments: rail and trucking. CSX is anticipated to release its fiscal Q1 2025 earnings report after the market closes on Wednesday, April 16.
Analysts Anticipate Declining Earnings
In advance of this earnings announcement, analysts project that CSX will report a profit of $0.38 per share, representing a decline of 17.4% from the $0.46 per share reported during the same quarter last year. Over the past four quarters, the company has managed to exceed Wall Street’s earnings expectations in two instances, while falling short on two others. Notably, in Q4 2024, CSX underperformed against the consensus EPS estimate by 2.3%.
Future Projections and EPS Forecasts
Looking ahead to fiscal 2025, analysts expect CSX to report an EPS of $1.82, a slight dip from the $1.83 achieved in fiscal 2024. However, there is optimism for a rebound, with EPS projected to grow 14.8% year-over-year to $2.09 in fiscal 2026.
Stock Performance and Market Comparison
Over the past 52 weeks, CSX shares have seen a significant decline of 23.2%, underperforming when compared to the S&P 500 Index’s ($SPX) gain of 3.6% and the modest increase of the iShares U.S. Industrials ETF (IYJ) during the same period.
Recent Earnings and Market Reactions
On January 23, CSX released its Q4 2024 earnings, which were weaker than expected. Following the announcement, shares fell 2.9%. Adjusted EPS was reported at $0.42, falling short of analyst estimates, while revenue declined 4% year-over-year to $3.5 billion, slightly under forecasts. The decrease was mainly attributed to a sharp 20% decline in coal revenue and diminished fuel surcharges. Nevertheless, solid pricing and increased volume in the merchandise sector partially mitigated the adverse effects from coal, offering some stability amid shifting market dynamics.
Analysts’ Consensus and Recommendations
Current consensus among analysts regarding CSX stock is cautiously optimistic, reflecting a “Moderate Buy” rating overall. Among the 26 analysts that cover the stock, 17 advocate for a “Strong Buy,” one suggests “Moderate Buy,” and eight recommend a “Hold.” As of this writing, CSX is trading below the average analyst price target of $35.76.
On the date of publication,
Sohini Mondal
did not hold (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are provided solely for informational purposes. For more details, please view the Barchart Disclosure Policy
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