CSX Corp Q1 Income Advances 32%

(RTTNews) - CSX Corp (CSX) released earnings for its first quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $470 million, or $0.51 per share. This was up from $356 million, or $0.37 per share, in last year's first quarter.

Analysts had expected the company to earn $0.43 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.5% to $2.87 billion. This was up from $2.62 billion last year.

CSX Corp earnings at a glance:

-Earnings (Q1): $470 Mln. vs. $356 Mln. last year. -Earnings Growth (Y-o-Y): 32.0% -EPS (Q1): $0.51 vs. $0.37 last year. -EPS Growth (Y-o-Y): 37.8% -Analysts Estimate: $0.43 -Revenue (Q1): $2.87 Bln vs. $2.62 Bln last year. -Revenue Change (Y-o-Y): 9.5%