CSX: Q3 Earnings Snapshot

JACKSONVILLE, Fla. (AP) — JACKSONVILLE, Fla. (AP) — CSX Corp. (CSX) on Wednesday reported third-quarter profit of $1.05 billion.

On a per-share basis, the Jacksonville, Florida-based company said it had net income of 57 cents.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.

The freight railroad posted revenue of $4.02 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $3.95 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSX at https://www.zacks.com/ap/CSX