CSX beats by $0.12, beats on revs
- Reports Q1 (Mar) earnings of $0.78 per share, $0.12 better thanthe Capital IQ Consensus of $0.66; revenues rose 0.2% year/year to $2.88 bln vs the $2.8 bln Capital IQ Consensus.
- Volume -4% with merchandise -8%, coal -2%, intermodal flat; pricing +4%.
- CSX's operating ratio for the quarter improved 950 basis points to 63.7 percent from 73.2 percent in the prior year
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