CSX Corp. (CSX - Get Report) is expected to report adjusted net income of $803.4 million, or $1.01 a share, on sales of $3 billion after the market closes on Wednesday, based on a FactSet survey of 23 analysts.
In the same period a year ago, the company posted earnings of $1.05 a share on sales of $3.1 billion. It reported net income of $877 million.
The stock has fallen 13.8% since the company last reported earnings on July 16.
Quarterly estimates have fallen less than 1 cent a share in the past month.
In the upcoming quarter analysts are forecasting adjusted net income of $793 million, or $1.02 a share, on sales of $3 billion.
CSX is currently trading at a price-to-forward-earnings ratio of 15.8 based on the 12-month estimates of 25 analysts surveyed by FactSet.
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S&P 500 financial results expected Wednesday: