Leading rail-based freight transportation service provider CSX Corporation (CSX) delivered solid earnings growth in the fiscal 2022 third quarter. The company reported an operating income of $1.58 billion, compared to $1.44 billion in the prior-year period. Its net earnings and earnings per share came in at $1.11 billion and $0.52, up 14.7% and 20.9% year-over-year, respectively.
“CSX has great potential for profitable growth over the long-term, and my key objective is to help ensure that we realize this opportunity while building a robust organization that will help drive additional value for our customers, our employees, and our shareholders,” said Joe Hinrichs, CSX’s President and CEO.
