CSX Corp Stock Buy Recommendation Reiterated (CSX)
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- Net operating cash flow has slightly increased to $1,013.00 million or 1.50% when compared to the same quarter last year. In addition, CSX CORP has also modestly surpassed the industry average cash flow growth rate of -5.63%.
- CSX CORP's earnings per share improvement from the most recent quarter was slightly positive. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, CSX CORP increased its bottom line by earning $1.67 versus $1.36 in the prior year. This year, the market expects an improvement in earnings ($1.75 versus $1.67).
- 38.80% is the gross profit margin for CSX CORP which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 15.72% trails the industry average.
- CSX, with its decline in revenue, slightly underperformed the industry average of 5.0%. Since the same quarter one year prior, revenues slightly dropped by 2.3%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
--Written by a member of TheStreet Ratings Staff. HOLIDAY SPECIAL: Let Jim Cramer show you every trade he is making in his $2.5 Million portfolio. Join now for 14-days FREE. Sign up today to get e-mail alerts before every trade
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