CSX Corporation's Revenues: How Does CSX Corporation Make Money?
CSX Corporation is engaged primarily in freight transportation in the Southeast, East, and Midwest regions of the U.S.
CSX Corporation's revenues have grown from about $11.1 billion in 2016 to about $12.2 billion in 2018.
CSX Corporation's Expenses: How Does CSX Corporation Spend Its Money?
CSX Corporation's total expenses grew by $414 million between 2016 and 2018, while the revenues grew by $1.2 billion during the same period.
Over 70% of the decline in expenses from 2016 To 2018 can be attributed to cost of revenue.
CSX Corporation Valuation: Is CSX Corporation Fairly Priced?
CSX Corporation's market cap currently stands at around $57 billion, which is lower than $65 billion, according to Trefis estimates.
CSX's share price plunged over 10% after it reported its Q2 2019 numbers, which reflected downward revision to full year guidance.
Why Has CSX Corporation's Stock Declined Over 10% Since Last Week?
CSX Corporation's stock price has declined by over 10% from around $80 to $71 last week.
This can be attributed to lower than expected Q2 earnings, and more importantly revised guidance of a low-single-digit decline in revenue for the full year.