CSX Q1 Earnings Beat Sparks 6.9% Jump

CSX Corp reported Q1 adjusted EPS $0.43, beating consensus $0.39 by $0.04.
Revenue $3.48 billion, slightly below $3.49 billion estimate but up 2% YoY, while operating income rose to $1.25 billion.
Net earnings climbed to $807 million from $646 million a year earlier, and total volume grew 3% to 1.56 million units.
Shares surged about 6.9% after the results, with CEO Steve Angel citing cost discipline and profitable growth opportunities.