CSX Corporation (CSX)

CSX beat consensus on both the top and bottom line in the fiscal second quarter of 2026, reported July 22, as revenue rose 10% to about $3.9 billion, topping the about $3.9 billion consensus by about 1%, and EPS of $0.54 beat the $0.52 estimate by about 4%. Total Merchandise, the largest segment, rose 8% to about $2.5 billion, while Intermodal climbed 26% to about $620 million; gross margin held near 100% and operating margin was 38.3%, with operating income at about $1.5 billion. Net income increased 21% to about $1.0 billion from $829 million a year ago, while EPS was up 23% from $0.44. Operating cash flow came in at about $1.3 billion, the company repurchased about $296 million of stock and paid about $260 million in dividends, and consensus for the next period calls for EPS of $0.54 on revenue of $3.93 billion.