Domestic Coal, Merchandise And Intermodal Shipments Will Drive CSX's Earnings

CSX Corporation (NYSE: CSX), a leading railroad in the eastern U.S., will be reporting its second quarter earnings on July 16. We expect to see growth in its second quarter revenue driven by an increase in carloads of almost all commodities. Coal shipments will be of particular interest since the domestic coal market seems to be reviving. However, the export coal business still presents headwinds. CSX's operating ratio, which are its operating expenses expressed as a percentage of revenues, may ...