CSX (CSX)
NASDAQ:CSX
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Earnings Data
Report Date
Jul 22, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.49Last Year’s EPS
0.44Same Quarter Last Year
Moderate Buy
Based on 18 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive tone: management reported multiple operational and financial improvements (volume growth, expense reductions, strong fuel efficiency, safety gains, and upgraded revenue and margin guidance). Several transitory and structural headwinds were acknowledged—higher diesel prices (raising both revenue and expenses), non-recurring Q1 gains, mix-driven RPU pressure, segment-specific weakness (forest products, automotive, coal exports), and near-term operational disruptions from capital execution. Management emphasized continued productivity initiatives, capital discipline, and a multi-year effort to sustain improvements, implying confidence in sustaining momentum despite the cited risks.Company Guidance
Top-Line Growth
Total revenue increased 2% year-over-year while total volume rose 3% in Q1 2026, with pricing gains and higher fuel recovery offset by mix.
Strong Profitability Expansion
Total expenses fell 6% YoY, driving a 20% increase in operating income and a 26% increase in diluted earnings per share for the quarter.
Material Expense Savings
First-quarter expense decreased by $153 million YoY, including over $100 million of efficiency savings from cost initiatives, real estate and lapping of prior network disruption costs.
Record Fuel Efficiency
Achieved record Q1 fuel efficiency of 0.97 gallons per 1,000 gross ton miles (GTM); March performance improved to 0.93 g/1,000 GTM, the best since 2021.
Labor and Fleet Productivity
Labor costs were 1% lower with a 5% reduction in headcount and $10 million less overtime; the vehicle fleet is 7% smaller vs. 2024, reducing operating and capital spend.
Intermodal Strength
Intermodal revenue rose 5% on a 6% increase in volume, driven by new business in both international and domestic markets (RPU down 1% due to inland ports mix).
Merchandise Performance and Market Tailwinds
Merchandise revenue and revenue-per-unit grew 2% with volume broadly stable; minerals led merchandise with a 4% volume increase (cement, salt) and chemicals benefited from higher frac sand and plastics demand.
Industrial Development Momentum
21 industrial projects went into service in Q1 expected to contribute ~33,000 annual carloads at full ramp; company expects ~100 projects in 2026 (≈50% more full-ramp volume than the prior year's 85 projects).
Upgraded Full-Year Guidance
Now expect full-year revenue growth in the mid-single digits (vs. prior low-single digits) assuming diesel follows the forward curve; anticipate operating margin expansion of 200–300 basis points (likely toward the high end), total 2026 capex below $2.4 billion, and free cash flow to grow >60% vs. 2025.
Safety Improvements
FRA injury rate improved 13% YoY (with 9% reduction in people hours) and train accident rate improved by over 30%, supporting safer and more efficient operations.
CSX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CSX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $43.18 | $46.18 | +6.95% |
Jan 22, 2026 | $35.66 | $36.52 | +2.40% |
Oct 16, 2025 | $35.74 | $36.34 | +1.70% |
Jul 23, 2025 | $34.59 | $34.62 | +0.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does CSX (CSX) report earnings?
CSX (CSX) is schdueled to report earning on Jul 22, 2026, After Close (Confirmed).
What is CSX (CSX) earnings time?
CSX (CSX) earnings time is at Jul 22, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CSX EPS forecast?
CSX EPS forecast for the fiscal quarter 2026 (Q2) is 0.49.