CSX Corp

CSX: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$78.00	Zmj	Qrvwkcfj

Intermodal and Industrial End Markets Soften in CSX's Q4; 2023 OR Visibility Limited

Matthew Young

Jan 26, 2023

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.

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