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CSX Corporation (CSX), headquartered in Jacksonville, Florida, is a leading transportation company in the U.S. With a market cap of $67.48 billion, CSX operates an extensive rail network that plays a crucial role in the nation's supply chain, moving a wide range of goods and materials across the country. The company is scheduled to announce its Q3 earnings after the market closes on Wednesday, Oct. 16.
Ahead of the event, analysts expect CSX to report a profit of $0.48 per share, up 14.3% from $0.42 in the year-ago quarter. The company has surpassed and matched Wall Street’s EPS estimates in its last four quarterly reports.