CSX Corporation's Q3 earnings at 46 cents per share fell short of expectations, with revenue at $3.62B.

CSX Corporation reported disappointing third-quarter results, with earnings at 46 cents per share, falling short of the expected 48 cents. Revenue reached $3.62 billion, below the $3.68 billion forecast. Despite a 3% increase in shipping volume to 1.59 million units, shares fell nearly 4% in after-hours trading. CEO Joe Hinrichs noted that the growth in volume and operating income stemmed from the company’s commitment to service, despite challenges in the trucking sector.