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CSX - CSX Corp - Page 2

post #21 of 94
Bump again.

earning report after bell today.

looking at jul 30 put myself
post #22 of 94
will it be as disappointing as it's being said? (the earnings)
post #23 of 94
They might top estimates, but outlook will definitely be CUT
post #24 of 94
we are close to entering a short position here
post #25 of 94
I guess nothing yet 1:35pst
post #26 of 94
never mind BLAST OFF
post #27 of 94
SX Corp beats by $0.10, misses on revs
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4:38 PM ET 7/13/09 | Briefing.com
RELATED QUOTES

4:01 PM ET 7/13/09
Symbol Last % Chg
CSX
32.54 1.59%
Real time quote.

Reports Q2 (Jun) earnings of $0.72 per share, excluding non-recurring items, $0.10 better than the First Call consensus of $0.62; revenues fell 25.0% year/year to $2.2 bln vs the $2.27 bln consensus. CSX said revenue fell primarily due to a 21% decline in volume and lower fuel surcharge recovery. Volumes continued to decline across the board, although the rate of decline in the coal market accelerated in the second quarter.
post #28 of 94
pretty much trading flat after hours.
post #29 of 94
Quote:
Originally Posted by stock1234 View Post
pretty much trading flat after hours.
Close was $32.54 spike to $34.85 settling in @ $32.63
post #30 of 94
earning wasnt that great
post #31 of 94
Quote:
Originally Posted by Norlan View Post
earning wasnt that great
Tell that to all the buyers :-) Up 2.16 Nice!
post #32 of 94



I got in this a while back at 29.60 and am looking for some more input.
I have my stop at 40.50 as of now. But i have doubts of it breaking through 45 with out a green day on the spx. I wanna get rid of it to free up some cash but I don't wanna kick myself if it were to break through the next day and blast off again.
post #33 of 94
looks like it might break through with out a green day.
High of 44.72 closing at 44.17.
Tomorrow could be good.
post #34 of 94
nice trade getting in at 29
post #35 of 94
it finally breaks 45
post #36 of 94
Wall Street analyst
consensus call for a profit of $0.76 per share on $2.38 billion revenue that is lower if compared with the numbers from a year ago. The high estimate is at $0.83 per share on $2.57 billion revenue, while the low estimate call for $0.71 per share on $2.28 billion revenue.

CSX has been able to beat on the past 3 quarters, although the surprise percentage has been declining, if the trend continues CSX numbers might end up being pretty much within expectations. It will be interesting to see how the stock reacts, as it has had a good run the last few weeks, although the railroads have been getting hit by trading down 4 out of the last 5 days.
post #37 of 94
I like CSX here on the pullback, it just hit 52 weeks high last monday. With growing demand of commodities such as copper and coal, plus reflected on recent past ism reports that manufacturing business cycle has hit the bottom and started picking up, CSX should look good going forward here, regardless of a minor backdrop from rising oil price. However, fortunately for CSX, commodity prices will rise much higher and faster than oil price for sure

Under $50 it is a good buy
post #38 of 94
options options!
post #39 of 94
Quote:
Originally Posted by mjoke View Post
options options!
not sure about that yet...CSX is scheduled to report tues after bell? Feb options have just started so I don't think change in price will be too volatile, and i dunno how iv is priced yet so its more like flat to 30% gain if you happen to pick the right side post earnings
post #40 of 94
ya i hate full price trying to narrow a range now.
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