News photo: The BNSF-CSX transcontinental intermodal hotshot

Nucor Corp. will release Q3 earnings on Oct. 27, likely updating progress on its WV mill, expected to complete this year. It plans a $60M expansion in Alabama. CSX Corp. reported Q3 net income of $1.05B, up from $694M YoY, driven by increased freight volumes. United Bankshares reported Q3 earnings of $128.7M, down from last year but up YoY for the first nine months.

CSX Corp reported Q3 earnings with EPS up 30% YoY to $0.57, revenue up 12%, and operating margin at 39.1%. Management highlighted record fuel efficiency, safety improvements, and raised 2026 revenue growth outlook to high single digits. Challenges include cost pressures and mixed merchandise performance.

CSX (CSX) stock rose 6.8% on October 22, 2026, after reporting Q3 2026 revenue of $4.02B, beating estimates. Half of the revenue growth came from fuel surcharges, while the other half was due to increased freight volume and pricing gains. Management raised its full-year revenue growth outlook to high single digits. Operating margin widened to 39.1% in Q3 2026, with nonfuel costs reduced by 3%.

CSX, Union Pacific, and Norfolk Southern reported record Q3 revenue due to high diesel prices shifting freight to rail. CSX saw $4B revenue (+12% YoY), Union Pacific $7.2B (+15%), and Norfolk Southern $3.5B (+14%). Intermodal volume grew significantly, but pricing benefits await 2027 contract resets. Fuel surcharges drove revenue growth, with diesel prices nearing all-time highs.

Evercore ISI raised its price target for CSX Corp. (NASDAQ:CSX) to $53, citing improved margin outlook. CSX's Q3 earnings beat estimates at $0.57 per share, with revenue driven by fuel surcharges. The firm expects significant margin expansion in Q4 2026 and full-year 2027. Other analysts also raised price targets, with UBS setting the highest at $60.

Raymond James raised its price target for CSX to $55, citing operational and cultural improvements. CSX's stock is up 47% over the past year, with a market cap of $89.2 billion. The company reported Q3 EPS of $0.57, beating estimates, and revenue of $4.02 billion. Multiple analysts have raised their price targets, with UBS setting the highest at $60.