CSX Corp Q3 Profit Rises, Beats estimates

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

The company's bottom line came in at $968 million, or $0.43 per share. This compares with $736 million, or $0.32 per share, in last year's third quarter.

Analysts had expected the company to earn $0.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 24.2% to $3.29 billion from $2.65 billion last year.

CSX Corp earnings at a glance:

-Earnings (Q3): $968 Mln. vs. $736 Mln. last year.
-EPS (Q3): $0.43 vs. $0.32 last year.
-Analysts Estimate: $0.38
-Revenue (Q3): $3.29 Bln vs. $2.65 Bln last year.

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