CSX (CSX) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter was slightly lower than the immediately preceding quarter but higher than the same quarter one year earlier. The filing noted that operating cash flows were affected by payments related to finalized labor agreements.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the quarter was slightly lower than the immediately preceding quarter but higher than the same quarter one year earlier. The filing noted that operating cash flows were affected by payments related to finalized labor agreements.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
-0.6%
Change from the immediately preceding quarter.
Year-over-year
+8.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $3.8B | +27.6% |
| Sep 30, 2022 | $3.9B | +18.3% |
| Dec 31, 2022 | $3.7B | +8.8% |
| Mar 31, 2023 | $3.7B | +8.6% |
Revenue performance
The quarter's revenue showed a modest decline from the prior quarter, while year-over-year growth remained positive.
Quarterly comparison
Compared to the previous quarter, revenue edged down, but compared to the same period last year, revenue increased.
What to watch
Monitor the impact of labor agreement payments on future operating cash flows.