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CSX beats profit estimates with 25% increase in Q1 earnings.
CSX reported a 25% increase in first-quarter profit, earning $0.43 per share, beating analyst estimates.
Revenue reached $3.48 billion, up 2%, as the company reduced expenses and saw stronger intermodal volumes.
CSX raised its full-year revenue outlook to mid-single digits and expects free cash flow to grow by over 60%.
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CSX supera las estimaciones de ganancias con un aumento del 25% en el Q1.