CSX (CSX) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Analysts on Wall Street project that CSX (CSX) will announce quarterly earnings of $0.41 per share in its forthcoming report, representing a decline of 2.4% year over year. Revenues are projected to reach $3.54 billion, indicating no change compared to the same quarter last year.The current level reflects a downward revision of 3.9% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.In light of this perspective, let's dive into the average estimates of certain CSX metrics that are commonly tracked and forecasted by Wall Street analysts.Analysts forecast 'Revenue- Coal' to reach $481.51 million. The estimate points to a change of -3.5% from the year-ago quarter.According to the collective judgment of analysts, 'Revenue- Intermodal' should come in at $554.16 million. The estimate suggests a change of +5.4% year over year.Analysts' assessment points toward 'Revenue- Merchandise- Fertilizers' reaching $137.18 million. The estimate suggests a change of +9.7% year over year.The combined assessment of analysts suggests that 'Revenue- Merchandise- Chemicals' will likely reach $698.20 million. The estimate indicates a change of -1.4% from the prior-year quarter.Based on the collective assessment of analysts, 'Operating Margin' should arrive at 67.2%. The estimate is in contrast to the year-ago figure of 31.3%.The collective assessment of analysts points to an estimated 'Revenue per unit - Intermodal' of $707.85 . The estimate compares to the year-ago value of $705.00 .Analysts expect 'Volume - Merchandise - Automotive' to come in at 92.58 thousand. The estimate is in contrast to the year-ago figure of 96.00 thousand.The consensus estimate for 'Volume - Merchandise - Minerals' stands at 87.05 thousand. The estimate compares to the year-ago value of 88.00 thousand.The average prediction of analysts places 'Volume - Coal' at 180.65 thousand. Compared to the current estimate, the company reported 179.00 thousand in the same quarter of the previous year.Analysts predict that the 'Volume - Merchandise - Fertilizers' will reach 47.64 thousand. Compared to the current estimate, the company reported 44.00 thousand in the same quarter of the previous year.It is projected by analysts that the 'Volume - Merchandise - Metals and Equipment' will reach 63.03 thousand. Compared to the present estimate, the company reported 63.00 thousand in the same quarter last year.The consensus among analysts is that 'Volume - Merchandise - Agricultural and Food Products' will reach 115.31 thousand. The estimate is in contrast to the year-ago figure of 116.00 thousand. View all Key Company Metrics for CSX here>>> Shares of CSX have demonstrated returns of -0.9% over the past month compared to the Zacks S&P 500 composite's +2% change. With a Zacks Rank #3 (Hold), CSX is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .Quantum Computing Stocks Set To SoarArtificial intelligence has already reshaped the investment landscape, and its convergence with quantum computing could lead to the most significant wealth-building opportunities of our time.Today, you have a chance to position your portfolio at the forefront of this technological revolution. In our urgent special report, Beyond AI: The Quantum Leap in Computing Power, you'll discover the little-known stocks we believe will win the quantum computing race and deliver massive gains to early investors.Access the Report Free Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CSX Corporation (CSX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks