CSX Corp Q4 Income Retreats 5%

(RTTNews) - CSX Corp (CSX) announced earnings for fourth quarter that fell compared to the same period last year.

The company said its earnings declined to $466 million, or $0.48 per share. This was down from $491 million, or $0.49 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.46 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 12.9% to $2.78 billion. This was down from $3.19 billion last year.

CSX Corp earnings at a glance:

-Earnings (Q4): $466 Mln. vs. $491 Mln. last year. -Earnings Decline (Y-o-Y): -5.1% -EPS (Q4): $0.48 vs. $0.49 last year. -EPS Decline (Y-o-Y): -2.0% -Analysts Estimate: $0.46 -Revenue (Q4): $2.78 Bln vs. $3.19 Bln last year. -Revenue Change (Y-o-Y): -12.9%