CSX Shares Decline After Revenue Falls Short Of Street View

By MarketWatch Pulse

CSX Corp. shares slipped in the extended session Tuesday after the railroad company missed Wall Street's fourth-quarter revenue estimates for the quarter. CSX shares declined 1.9% to $23.25. The company reported fourth-quarter earnings of 48 cents a share on revenue of $2.78 billion. Analysts surveyed by FactSet had forecast earnings of 46 cents a share on revenue of $2.82 billion, but that was after a profit warning issued by the company in early December.

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