Story perspectives
CSX Reports Revenue Decline Amid Leadership Changes and Shutdown Delays
10/18/2025
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Story summary
- CSX Corp released its third-quarter Form 10-Q, reporting total revenue of $3,587 million.
- Operating income declined 20% to $1,087 million, due to a $164 million goodwill impairment.
- Net earnings declined 22% to $694 million, with diluted EPS at $0.37.
- CSX aims to enhance service under new CEO Stephen F. Angel.
- In Kansas, the labor department announced delays in monthly job reports due to the federal government shutdown.
