CSX Corp. (CSX) reported first quarter EPS of $0.51 after the bell Wednesday, up from $0.37 in the previous year. Street expectations were for EPS of $0.43.
The CSX Board has also approved an increase in the quarterly dividend to $0.20.
CSX gapped open sharply higher Thursday, but traded in a range for the bulk of the session. The stock finished up by 2.63 at $49.56 on above average volume. CSX closed challenging the highs of the year, trading at a 6-week high.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org