CSX Corp
CSX: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| xC% | LOCK|wp | LOCK|%!M!LV? |
CSX Earnings: Carload Demand Trends Mixed, but Productivity Steadily Recovering
Class-I railroad CSX's third-quarter revenue fell 1% year over year on softer benchmark coal rates (which hit all-in yield), partly offset by lingering intermodal growth and positive core merchandise pricing. Profitability worsened, but deterioration is easing due to sequential productivity gains.
