CSX (CSX) will weigh in for the transportation industry after the close today with the release of its second quarter financial and operating results. A conference call to review those results will begin at 4:30 p.m. ET this afternoon.

S&P Capital IQ Consensus currently estimates that CSX will deliver EPS of $0.64 and revenues of $2.30 bln, which would represent a decline of about 24.8% yr/yr.

During its Q1 earnings press in late April, CSX withdrew its outlook in response to economic uncertainty connected to the COVID-19 pandemic.

TECHS:

CSX has a market cap of circa $56.3 bln and trades at roughly 21x forward earnings estimates, currently extending to new one-month highs.

If you liked this content please click the ❤️ below and/or share this post.

TOTALLY FREE Trading Packet!

Click here to get my packet that shows you how I traded $600 into $100K FOR FREE.

This packet will explain to you in depth how I trade and how I manage my risk.

I am happy to share this. Just use the code KPAKFRAUD at checkout and you will get it TOTALLY FREE. You will pay absolutely nothing.

SHAMLESS PLUGS

CLICK HERE TO CHECK OUT MY 2020 PREVIEW OPINION PACKET. OVER 140 PAGES OF CONTENT AND INFORMATION AVAILABLE HERE.

Check out the latest episodes on my YouTube above and SoundCloud channel below.