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CSX CEO Abruptly Departs Amid Rail Merger Frenzy – What’s Next?

CSX Delivers Earnings Surprise: Stock Jumps as New CEO Navigates Rail Merger Frenzy

Earnings Beat Lifts CSX Stock CSX Corporation (NASDAQ: CSX) delivered stronger-than-expected third quarter results, boosting its stock price in recent trading. Shares of the Jacksonville-based freight railroad rose about 2–3% in after-hours trading following the earnings announcement reuters.com. CSX reported Q3 2025 net earnings of $694 million (or $0.37 per share) and an adjusted profit of $0.44 per share, which edged past consensus estimates of roughly $0.42 timesunion.com reuters.com. This positive earnings surprise, albeit modest, encouraged investors and helped lift the stock toward the upper-$30s. Revenue for the quarter came in at $3.59 billion, essentially flat (down 1% year-over-year) and roughly meeting
17 October 2025
CSX CEO Abruptly Departs Amid Rail Merger Frenzy – What’s Next?

CSX CEO Abruptly Departs Amid Rail Merger Frenzy – What’s Next?

Sources: Official CSX announcement csx.com; AP/ABC News abcnews.go.com; Reuters reuters.com reuters.com reuters.com reuters.com; industry outlets Trains.com trains.com trains.com trains.com; local press news4jax.com jaxdailyrecord.com; Axios axios.com axios.com; Ancora press release businesswire.com. These cover the CSX leadership change, activist investor demands, and the wider context of U.S. rail consolidation.
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