WASHINGTON (dpa-AFX) - CSX Corp (CSX) revealed earnings for fourth quarter that decreased from last year but beat the Street estimates.
The company's bottom line totaled $886 million, or $0.45 per share. This compares with $1.02 billion, or $0.49 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $0.44 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 1.3% to $3.68 billion from $3.73 billion last year.
CSX Corp earnings at a glance (GAAP) :
-Earnings (Q4): $886 Mln. vs. $1.02 Bln. last year. -EPS (Q4): $0.45 vs. $0.49 last year. -Analyst Estimates: $0.44 -Revenue (Q4): $3.68 Bln vs. $3.73 Bln last year.
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