CSX Reports Higher 2Q Profit, Sales

Dow Jones
Jul 23
 

CSX posted higher profit in its second quarter as revenue rose.

The railroad operator recorded net income of $1 billion, or 54 cents a share, compared with $829 million, or 44 cents a share, a year earlier.

Revenue rose 10% to $3.94 billion, driven by increased fuel surcharge revenue paired with higher volume and pricing across merchandise, intermodal and coal. Analysts polled by FactSet expected $3.89 billion.

Operating income was up 17% to $1.51 billion.

Chief Executive Steve Angel said the company's railroaders were able to successfully manage substantial volume growth while maintaining focus on safety and productivity.

 

Write to Grace Yoon at grace.yoon@wsj.com

 

(END) Dow Jones Newswires

July 22, 2026 16:25 ET (20:25 GMT)

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