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Benzinga
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CSX Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. CSX expects Q3 earnings at 42 cents, down from 46 cents last year. 2. Revenue estimates for Q3 are $3.57 billion, lower than $3.62 billion last year. 3. Steve Angel recently appointed as CSX's President and CEO, effective Sept 29. 4. Analysts generally maintain a positive outlook despite slight price target adjustments. 5. CSX shares rose 0.3% to end at $36.24 recently.

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FAQ

Why Neutral?

Earnings expectations are declining, which could dampen short-term investor sentiment. However, management change and analyst ratings provide some stability.

How important is it?

Earnings results and analyst ratings impact immediate investor perceptions.

Why Short Term?

The imminent earnings report will have a direct short-term effect.

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