- CSX Corporation's Q1 earnings release is scheduled for April 16th, with expectations of a 19.6% decline in EPS year-over-year.
- Wall Street analysts anticipate a 22.91% upside potential based on current price targets.
- Despite no recent positive estimate revisions, CSX maintains an "Outperform" rating from brokerage firms.
CSX Corporation's Earnings Preview
CSX Corporation (CSX, Financial) is poised to disclose its first-quarter earnings after the market closes on April 16th. Market analysts project an earnings per share (EPS) of $0.37. This figure represents a notable 19.6% decline compared to the same period last year. Furthermore, revenues are anticipated to reach $3.45 billion, marking a 6.3% decrease. It's worth noting that in recent months, there have been no upward revisions to these estimates, indicating a potentially cautious sentiment towards the company's forthcoming performance.
Insights from Wall Street Analysts
Wall Street analysts have set their sights on CSX Corp (CSX, Financial) with one-year price targets provided by 25 analysts. The average target price stands at $34.29, with estimates ranging from a high of $38.00 to a low of $27.00. This average target suggests a promising upside of 22.91% from the current trading price of $27.90. For a deeper dive into the company's forecast data, visit the CSX Corp (CSX) Forecast page.
When analyzing consensus recommendations from 29 brokerage firms, CSX Corp (CSX, Financial) currently holds an average brokerage recommendation of 2.1, indicative of an "Outperform" status. This rating is derived from a scale where 1 signifies a Strong Buy and 5 indicates a Sell, positioning CSX favorably in the eyes of market analysts.
Evaluating GF Value
According to GuruFocus, the estimated GF Value for CSX Corp (CSX, Financial) over the next year is projected at $35.63. This estimation suggests a substantial upside of 27.71% from the current market price of $27.9. The GF Value represents GuruFocus' assessment of the stock's fair market value, derived from historical trading multiples, past business growth, and future performance estimates. For further analysis and detailed information, you can explore the CSX Corp (CSX) Summary page.
