CSX shares down in aftermarket as Q4 earnings miss estimates

Investing.com -- Shares of CSX Corp (NASDAQ: CSX) fell 3% to $32.70 in after-market trading on Thursday after the U.S. railroad operator reported fourth-quarter earnings that missed Wall Street estimates.

The Jacksonville, Florida-based company posted earnings per share of $0.38, falling short of the average analyst estimate of $0.44. Revenue for the quarter was $3.54 billion, slightly below estimates of $3.59 billion.

“While 2024 had its challenges…we managed through substantial impacts from major hurricanes and the Key Bridge outage early in the year and remained focused on delivering industry-leading customer satisfaction,” Chief Executive Officer Joe Hinrichs said in a statement.

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