Wednesday, May 18, 2011

CSX sees double-digit EPS growth through 2015

(Reuters) - U.S. railroad operating CSX Corp (CSX.N) said it is targeting double-digit growth in earnings per share and operating income through 2015, based on expected growth that outpaces the economy.
The company is targeting a compound annual earnings per share growth rate of 18 to 20 percent in that time, bolstered by a compound annual growth rate of 12 to 14 percent in operating income.
Coal shipments and intermodal markets are key drivers of CSX business. Intermodal refers to the shipments of goods in containers that can be moved from one form of transportation to another, such as from rail to ship. Continued

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