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With a market cap of $68 billion, CSX Corporation (CSX) is a major U.S. freight transportation and railroad company headquartered in Jacksonville, Florida. It is one of the largest Class I railroads in North America, operating an extensive 20,000-mile rail network that serves 26 U.S. states east of the Mississippi River, the District of Columbia, and parts of Canada (Ontario and Quebec), connecting key industrial and population centers.
The transportation giant is set to announce its fourth-quarter results on Thursday, Jan. 22. Ahead of the event, analysts expect CSX to deliver a profit of $0.42 per share, the same as in the year-ago quarter. The company has a mixed earnings surprise history. While it has surpassed the Street’s bottom-line estimates twice over the past four quarters, it has missed the projections on two other occasions.
