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CSX Corp Q1 Income Falls

CSX Corp (CSX) released a profit for first quarter that fell from last year.

The company's bottom line totaled $706 million, or $0.93 per share. This compares with $770 million, or $1.00 per share, in last year's first quarter.

Analysts had expected the company to earn $0.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 1.7% to $2.81 billion from $2.86 billion last year.

CSX Corp earnings at a glance:

-Earnings (Q1): $706 Mln. vs. $770 Mln. last year.
-EPS (Q1): $0.93 vs. $1.00 last year.
-Analysts Estimate: $0.95
-Revenue (Q1): $2.81 Bln vs. $2.86 Bln last year.

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