CSX Corp. reported higher revenue in its latest quarter as the railroad operator experienced growth in shipments of merchandise and benefited from higher prices. The Jacksonville, Fla.-based company said Tuesday it had a first-quarter profit of $834 million, or $1.02 a share, up from $695 million, or 78 cents a share, a year earlier. Analysts polled by Refinitiv expected a profit of 92 cents a share.

Source: Wall Street Journal April 16, 2019 20:37 UTC