NASDAQ$CSX

CSX Corp · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

CSX reported second quarter EPS of $0.54.

CSX Corp. announced second quarter 2022 net earnings of $1,178 million, or $0.54 per share, compared to $1,173 million, or $0.52 per share in the same period last year. Second quarter 2022 operating income was $1.70 billion compared to $1.69 billion in the prior year period.

  • Revenue reached $3.82 billion for the quarter, increasing 28% year-over-year.
  • Operating income of $1.70 billion increased 1% compared to the prior year.
  • Operating ratio increased to 55.4%, including the effects of lower real estate gains, the acquisition of Quality Carriers and higher fuel prices.
  • Diluted EPS of $0.54 increased 4% from $0.52 for the second quarter of 2021.

Headline financials

Total Revenue

$3.82B

Previous: $2.99B+27.6%
EPS (adj)

$0.50

Previous: $0.40+25.0%
Capital Expenditures

-$811M

Previous: -$754M-7.6%
Free Cash Flow

$367M

Previous: $419M-12.4%
Net Income

$1.18B

Previous: $1.17B+0.4%
Operating Income

$1.7B

Previous: $1.69B+0.7%
Gross Profit

$1.7B

Previous: $1.69B+0.7%
Cash & Equivalents

$724M

Previous: $2.99B-75.8%
Total Assets

$40.4B

Previous: $40B+0.9%

Revenue & EPS history

CSX · Revenue · Quarterly

$3.82B

Q2 2022+27.6%vs Q2 2021
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

Though volatile commodity prices and persistent inflation have added uncertainty to the economy, our efforts remain focused on adding the resources needed to deliver improvements in our network performance, lift customer satisfaction and develop new rail service solutions to drive meaningful growth over the long term.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.8%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+3.8%

Avg return

30 days after

57%

42 / 74 earnings

Positive

+9.2%

Q1 2008

Best reaction

-9.1%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%+4.7%+5.4%
Q4 2025-0.8%+4.5%+18.3%
Q3 2025+1.8%-0.2%-3.0%
Q2 2025+0.1%+1.3%-1.1%
Q1 2025+1.2%+1.6%+14.5%
Q4 2024-2.9%-2.0%-4.1%
Q3 2024-6.8%-5.2%-1.0%
Q2 2024-0.6%-0.2%+2.3%
Q1 2024-1.3%-0.6%-3.8%
Q4 2023+0.3%+2.0%+9.9%
Q3 2023+0.3%-3.2%+3.1%
Q2 2023-4.0%-1.9%-8.7%
Q1 2023+4.1%+1.1%+5.7%
Q4 2022-5.4%-6.2%-3.5%
Q3 2022-1.4%+3.0%+10.6%
Q2 2022+4.3%+5.5%+13.8%
Q1 2022+2.9%-1.8%-12.3%
Q4 2021-3.3%-4.3%-1.7%
Q3 2021+2.6%+4.7%+5.8%
Q2 2021+4.8%+5.5%+8.2%
Q1 2021+4.0%+4.5%-0.4%
Q4 2020-6.0%-6.8%-1.2%
Q3 2020+2.0%-1.6%+14.2%
Q2 2020-1.2%-1.2%+2.3%
Q1 2020+3.3%+11.7%+15.2%
Q4 2019+1.9%-0.2%+6.1%
Q3 2019+0.9%+2.3%+3.5%
Q2 2019-9.1%-10.4%-17.9%
Q1 2019+4.0%+4.1%+3.1%
Q4 2018+0.0%+3.5%+11.4%
Q3 2018-0.2%-4.1%+1.9%
Q2 2018+7.8%+8.5%+14.8%
Q1 2018+8.2%+6.4%+12.6%
Q4 2017-2.6%-3.0%-6.2%
Q3 2017+1.6%+3.2%-5.1%
Q2 2017-5.1%-5.4%-10.5%
Q1 2017+6.3%+7.5%+8.0%
Q4 2016-4.9%+14.3%+22.9%
Q3 2016+2.2%+1.8%+13.5%
Q2 2016+7.4%+5.4%+3.8%
Q1 2016+6.1%
Q4 2015-5.0%
Q3 2015-4.2%
Q2 2015+1.6%
Q1 2015-0.7%
Q4 2014-0.7%
Q3 2014+4.0%
Q2 2014+0.6%
Q1 2014-2.1%
Q4 2013-5.7%
Q3 2013-0.5%
Q2 2013+3.2%
Q1 2013+0.3%
Q4 2012+3.7%
Q3 2012-1.3%
Q2 2012+0.1%
Q1 2012+1.3%
Q4 2011-1.2%
Q3 2011+7.1%
Q2 2011+1.3%
Q1 2011-1.9%
Q4 2010-2.6%
Q3 2010+0.3%
Q2 2010-3.5%
Q1 2010+0.5%
Q4 2009+0.8%
Q3 2009-2.9%
Q3 2008-2.9%
Q2 2008+6.5%
Q2 2009+6.5%
Q4 2007+9.2%
Q4 2008+9.2%
Q1 2009+9.2%
Q1 2008+9.2%

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