CSX Corp
CSX: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$66.00 | Ptql | Pjfkmyqfh |
Intermodal and Industrial End Markets Soften in CSX's Q4; 2023 OR Visibility Limited
Eastern Class I railroad CSX’s fourth-quarter top line grew 9% year over year driven by core-pricing gains, higher fuel surcharges, higher storage revenue, and the addition of Pan Am. Revenue largely met our forecast, but that's because healthy total-yield gains (up 11%) offset lower-than-expected volumes.