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Tuesday, April 16, 2013

For Investors Only: CSX Beats

From Yahoo!In-Play:
4:08PM CSX beats by $0.05, beats on revs; CSX increases quarterly dividend 7% to $0.15 per share, announces new share buyback: Reports Q1 (Mar) earnings of $0.45 per share, $0.05 better than the Capital IQ Consensus Estimate of $0.40; revenues fell 0.3% year/year to $2.96 bln vs the $2.92 bln consensus. CSX announces new share buyback program, targets $1 billion over 24 months.

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