CSX (CSX) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter declined compared to both the prior quarter and the same quarter last year. The decrease reflects a continuation of the downward trend observed in the preceding period.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter declined compared to both the prior quarter and the same quarter last year. The decrease reflects a continuation of the downward trend observed in the preceding period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.6B
Revenue reported for this quarter.
Quarter-over-quarter
-3.4%
Change from the immediately preceding quarter.
Year-over-year
-8.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.7B
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 |
|---|---|---|
| Dec 31, 2022 | $3.7B | +8.8% |
| Mar 31, 2023 | $3.7B | +8.6% |
| Jun 30, 2023 | $3.7B | -3.0% |
| Sep 30, 2023 | $3.6B | -8.3% |
Revenue performance
Reported revenue was lower than the immediately preceding quarter, marking a second consecutive sequential decline. The year-over-year comparison also showed a decrease from the same quarter one year earlier.
Quarterly comparison
Compared to the prior quarter, revenue contracted, and the year-over-year decline was steeper than the sequential drop. The trailing twelve-month revenue figure was also lower than the prior year's comparable period.
What to watch
The filing context does not provide specific causes for the revenue change; monitor future filings for operational or market factors.