1129 ET - CSX will likely go through another year of serious hurdles outside management's control in 2025 coming off a 2024 that was marked by industry headwinds, Raymond James analysts say in a research note. Still, CSX's initiatives will continue to drive operational and cultural improvements that should lead to stronger revenue, margin, earnings per share and free cash flow in out years, Raymond James analysts say in a research note. The railroad company should benefit fromimproved service, together with its internal and external growth strategy through M&A under Chief Executive Joe Hinrichs, the analysts say. Shares fall 2.9% to $32.71.(sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
January 24, 2025 11:29 ET (16:29 GMT)
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