Reported Earnings • Aug 06
Second quarter 2024 earnings released: EPS: US$0.49 (vs US$0.49 in 2Q 2023) Second quarter 2024 results: EPS: US$0.49. Revenue: US$3.70b (flat on 2Q 2023). Net income: US$963.0m (down 3.3% from 2Q 2023). Profit margin: 26% (in line with 2Q 2023). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Transportation industry in Europe. Tillkännagivande • Jul 11
CSX Corporation Approves Quarterly Dividend, Payable on September 13, 2024 CSX Corporation announced that the Company’s Board of Directors approved a $0.12 per share quarterly dividend on the Company’s common stock. The dividend is payable on September 13, 2024, to shareholders of record at the close of business on August 30, 2024. Buy Or Sell Opportunity • Jul 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.7% to €30.08. The fair value is estimated to be €37.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 5.2% per annum over the same time period. Tillkännagivande • Jul 09
CSX Corporation to Report Q2, 2024 Results on Aug 05, 2024 CSX Corporation announced that they will report Q2, 2024 results After-Market on Aug 05, 2024 Reported Earnings • Apr 18
First quarter 2024 earnings released: EPS: US$0.43 (vs US$0.48 in 1Q 2023) First quarter 2024 results: EPS: US$0.43 (down from US$0.48 in 1Q 2023). Revenue: US$3.68b (flat on 1Q 2023). Net income: US$893.0m (down 9.5% from 1Q 2023). Profit margin: 24% (down from 27% in 1Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Transportation industry in Europe. Tillkännagivande • Apr 17
CSX Unveils its First Hydrogen-Powered Locomotive in Collaboration with CPKC CSX has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation. This pioneering achievement is the result of a successful partnership between CSX and Canadian Pacific Kansas City (CPKC) and demonstrates the company’s commitment to innovation and environmental stewardship. The hydrogen locomotive was converted from an existing diesel locomotive using a hydrogen conversion kit developed by CKPC. The transformation took place at the CSX locomotive shop in Huntington, W.Va. Converting an existing unit into a next-generation locomotive further extends the useful life of the asset. The conversion team reused several components, including the frame, cab, traction motors, and trucks. This groundbreaking locomotive makes its debut less than 12 months after the collaboration between CSX and CPKC was announced in the summer of 2023. Hydrogen presents a promising alternative to fossil fuels, offering greater efficiency and zero emissions. Unlike traditional diesel engines, hydrogen-powered locomotives emit only water vapor, contributing to cleaner air and environment. As the next step, CSX will deploy the new hydrogen-powered locomotive for field testing and further evaluate its performance and operational feasibility. This initiative marks a significant stride forward in CSX's ongoing commitment to innovation and sustainability. Tillkännagivande • Mar 28
CSX Corporation to Report Q1, 2024 Results on Apr 17, 2024 CSX Corporation announced that they will report Q1, 2024 results After-Market on Apr 17, 2024 Tillkännagivande • Mar 27
CSX Corporation, Annual General Meeting, May 08, 2024 CSX Corporation, Annual General Meeting, May 08, 2024, at 10:00 Eastern Daylight. Agenda: To elect the 12 director nominees named in the Proxy Statement to the Company's Board of Directors; To ratify the appointment of Ernst & Young LLP as the Independent Registered Public Accounting Firm for 2024. Buy Or Sell Opportunity • Feb 24
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to €35.38. The fair value is estimated to be €29.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 4.4% per annum over the same time period. Tillkännagivande • Feb 15
CSX Corp. Announces Increase to Quarterly Dividend, Payable on March 15, 2024 CSX Corp. announced that the Company’s Board of Directors approved a 9% increase in its quarterly dividend, from $0.11 to $0.12 per share. The new $0.12 quarterly dividend is payable on March 15, 2024, to shareholders of record at the close of business on February 29, 2024. Recent Insider Transactions • Feb 08
Executive VP & Chief Commercial Officer recently sold €2.1m worth of stock On the 6th of February, Kevin Boone sold around 60k shares on-market at roughly €34.52 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.4m more than they bought in the last 12 months. Reported Earnings • Jan 25
Full year 2023 earnings released: EPS: US$1.85 (vs US$1.95 in FY 2022) Full year 2023 results: EPS: US$1.85 (down from US$1.95 in FY 2022). Revenue: US$14.7b (down 1.3% from FY 2022). Net income: US$3.72b (down 11% from FY 2022). Profit margin: 25% (down from 28% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Transportation industry in Europe. Tillkännagivande • Jan 05
CSX Corporation to Report Q4, 2023 Results on Jan 24, 2024 CSX Corporation announced that they will report Q4, 2023 results After-Market on Jan 24, 2024 Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. President, CEO & Director Joe, Josh Hinrichs was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 21
CSX Corporation (NasdaqGS:CSX) announces an Equity Buyback for £5,000 million worth of its shares. CSX Corporation (NasdaqGS:CSX) announces a share repurchase program. Under the program, the company will repurchase up to $5,000 million worth of its shares. The program will be funded using the cash on hand, cash generated from operations and debt issuances. The repurchased shares will be retired immediately. Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: US$0.42 (vs US$0.52 in 3Q 2022) Third quarter 2023 results: EPS: US$0.42 (down from US$0.52 in 3Q 2022). Revenue: US$3.57b (down 8.3% from 3Q 2022). Net income: US$846.0m (down 24% from 3Q 2022). Profit margin: 24% (down from 28% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Transportation industry in Europe. Tillkännagivande • Oct 12
CSX Corporation Declares Quarterly Dividend, Payable on December 15, 2023 CSX Corp. announced that the Company’s Board of Directors approved a $0.11 per share quarterly dividend on the Company’s common stock. The dividend is payable on December 15, 2023, to shareholders of record at the close of business on November 30, 2023. Tillkännagivande • Sep 22
CSX Corporation to Report Q3, 2023 Results on Oct 19, 2023 CSX Corporation announced that they will report Q3, 2023 results After-Market on Oct 19, 2023 Tillkännagivande • Sep 09
CSX Corporation Announces Executive Changes CSX Corporation announced the appointment of Mike Cory, age 61, a seasoned railroad executive with more than 40 years of operations experience, as the company’s executive vice president and chief operating officer. Formerly executive vice president and chief operating officer for the Canadian National (CN) Railway, Cory has provided transportation consulting services since retiring from the CN in 2019. Cory began his railroad career in 1981 as a laborer in the CN locomotive shops in Winnipeg, Canada. Over the years, he rose through the ranks as a superintendent, general superintendent, director of service design, network operations superintendent and general manager of operations for the Michigan sub-region. He also broadened his business perspective by holding customer service and marketing positions. In 2006, he began his ascent through a series of senior leadership roles, including vice president of network operations, senior vice president of the Eastern region and senior vice president for the Western region. He was named executive vice president and chief operating officer in 2016. At CSX, Cory will lead a strong team of operations professionals – led by Ricky Johnson, Senior Vice President of Operations, and Casey Albright, Senior Vice President of Network Operations and Service Design – who have helped transform the company into a safety and service leader among North American Class I railroads. He will continue to strengthen the company’s operating model across the network while fostering a ONE CSX culture that values and engages front-line employees. The company also announced that Kevin Boone, previously executive vice president of Sales and Marketing, is named executive vice president and chief commercial officer. The new title recognizes Boone’s breadth of existing responsibilities across CSX’s broad customer base and growing offering of supply chain solutions. Boone previously led the company’s finance organization before transitioning to sales and marketing in 2021. He joined CSX in 2017, following a successful 17-year career in the investment industry. Tillkännagivande • Aug 05
CSX Corporation Announces Management Changes CSX announced that Jamie Boychuk, executive vice president of Operations, is leaving the company. Ricky Johnson, senior vice president of Transportation, and Casey Albright, senior vice president of Network Operations and Service Design, will report directly to Hinrichs as the company conducts an internal and external search prior to naming a new head of all operations functions. Johnson, who oversees all field operations, has over 30 years of experience in the railroad industry, including 22 years of service at CSX. Similarly, Albright has 25 years of service at CSX in various leadership roles. In his current position, he oversees fluid traffic flow across the CSX network, leading the design of service plans that support performance improvement and meet customer needs. Reported Earnings • Jul 21
Second quarter 2023 earnings released: EPS: US$0.49 (vs US$0.55 in 2Q 2022) Second quarter 2023 results: EPS: US$0.49 (down from US$0.55 in 2Q 2022). Revenue: US$3.70b (down 3.0% from 2Q 2022). Net income: US$996.0m (down 15% from 2Q 2022). Profit margin: 27% (down from 31% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Transportation industry in Europe. Tillkännagivande • Jul 13
CSX Corporation Declares Quarterly Dividend, Payable on September 15, 2023 CSX Corporation announced that the Company’s Board of Directors approved a $0.11 per share quarterly dividend on the Company’s common stock. The dividend is payable on September 15, 2023, to shareholders of record at the close of business on August 31, 2023. Tillkännagivande • Jun 28
CSX Corporation to Report Q2, 2023 Results on Jul 20, 2023 CSX Corporation announced that they will report Q2, 2023 results After-Market on Jul 20, 2023 Tillkännagivande • May 11
CSX Corporation Approves Quarterly Dividend, Payable on June 15, 2023 CSX Corporation announced that the Company’s Board of Directors approved a $0.11 per share quarterly dividend on the Company’s common stock. The dividend is payable on June 15, 2023, to shareholders of record at the close of business on May 31, 2023. Reported Earnings • Apr 21
First quarter 2023 earnings released: EPS: US$0.48 (vs US$0.39 in 1Q 2022) First quarter 2023 results: EPS: US$0.48 (up from US$0.39 in 1Q 2022). Revenue: US$3.71b (up 8.6% from 1Q 2022). Net income: US$987.0m (up 15% from 1Q 2022). Profit margin: 27% (up from 25% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Transportation industry in Europe. Tillkännagivande • Feb 16
CSX Corp. Announces Increase to Quarterly Dividend, Payable on March 15, 2023 CSX Corp. announced that the Company’s Board of Directors approved a 10% increase in its quarterly dividend, from $0.10 to $0.11 per share. The new $0.11 quarterly dividend is payable on March 15, 2023, to shareholders of record at the close of business on February 28, 2023. Reported Earnings • Jan 27
Full year 2022 earnings released: EPS: US$1.95 (vs US$1.68 in FY 2021) Full year 2022 results: EPS: US$1.95 (up from US$1.68 in FY 2021). Revenue: US$14.9b (up 19% from FY 2021). Net income: US$4.17b (up 10% from FY 2021). Profit margin: 28% (down from 30% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Transportation industry in Europe. Tillkännagivande • Dec 22
CSX Corporation to Report Q4, 2022 Results on Jan 25, 2023 CSX Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Jan 25, 2023 
