Rail News Home CSX Transportation 4/21/2021 Rail News: CSX Transportation
The Class I posted Q1 net earnings of $706 million, or $0.93 per share.Photo – csx.com
Railroad News
Apr
22
Apr
22
Canadian Pacific yesterday reported first-quarter 2021 revenue declined to CA$1.96 billion from CA$2.04 billion a year ago, while net income climbed to CA$602 million from CA$409 million.
The Class I posted adjusted earnings per share (EPS) of CA$4.48, up 1% from CA$4.42 a year ago. Operating income declined to CA$780 million CA$834 million in the previous year’s quarter.
Apr
22
Canadian Pacific yesterday reported first-quarter 2021 revenue declined to CA$1.96 billion from CA$2.04 billion a year ago, while net income climbed to CA$602 million from CA$409 million.
The Class I posted adjusted earnings per share (EPS) of CA$4.48, up 1% from CA$4.42 a year ago. Operating income declined to CA$780 million CA$834 million in the previous year’s quarter.
Apr
21
CSX Corp. yesterday announced decreases in first-quarter 2021 revenue and net income compared with the same period a year ago due to difficult operating conditions during the quarter.
The Class I posted Q1 net earnings of $706 million, or $0.93 per share, compared with $770 million, or $1 per share in the same period last year. Revenue for the quarter decreased 1% to $2.81 billion, as intermodal and other revenue growth was more than offset by declines in merchandise, coal and fuel surcharge revenue.