CSX Corp Q2 Income Rises

CSX Corp (CSX) released earnings for its second quarter that rose from the same period last year.

The company's profit totaled $1.17 billion, or $0.52 per share. This compares with $0.50 billion, or $0.22 per share, in last year's second quarter.

Analysts had expected the company to earn $0.37 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 32.3% to $2.99 billion from $2.26 billion last year.

CSX Corp earnings at a glance:

-Earnings (Q2): $1.17 Bln. vs. $0.50 Bln. last year.
-EPS (Q2): $0.52 vs. $0.22 last year.
-Analysts Estimate: $0.37
-Revenue (Q2): $2.99 Bln vs. $2.26 Bln last year.

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