CSX Corp. delivered a 15 percent improvement in second-quarter profit as the railroad continues to restructure under its new CEO. Without those charges, the railroad said it would have reported earnings per share of 64 cents. The railroad reiterated its outlook for a 25 percent improvement over last year's earnings per share of $1.81. The 72-year-old Harrison was hired by CSX after pressure from the Mantle Ridge hedge fund that owns 5 percent of the railroad. Access a Zacks stock report on CSX at https://www.zacks.com/ap/CSX—————Keywords: CSX, Earnings Report, Priority Earnings

Source: ABC News July 18, 2017 21:22 UTC