From StockNews.com: CSX Corporation (NASDAQ:CSX) late Tuesday posted fourth quarter earnings results that were in-line with expectations, but investors still sold the shares off in aftermarket trading.
The Jacksonville, FL-based railroad operator reported Q4 EPS of $0.49, matching Wall Street’s $0.49 estimate. Revenues rose 2.8% from last year to $2.86 billion, which also equaled analysts’ view of $2.86 billion.