CSX Corp Q3 Earnings Advance, Beats estimates

(RTTNews) - CSX Corp (CSX) released a profit for its third quarter that increased from the same period last year.

The company's profit totaled $968 million, or $0.43 per share. This compares with $736 million, or $0.32 per share, in last year's third quarter.

Analysts had expected the company to earn $0.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 24.2% to $3.29 billion from $2.65 billion last year.

CSX Corp earnings at a glance:

-Earnings (Q3): $968 Mln. vs. $736 Mln. last year. -EPS (Q3): $0.43 vs. $0.32 last year. -Analysts Estimate: $0.38 -Revenue (Q3): $3.29 Bln vs. $2.65 Bln last year.