|CSX predicts 25 percent profit jump as restructuring begins
Associated PressApril 20, 2017
OMAHA, Neb. (AP) — CSX Corp. says restructuring and cost cutting under new CEO Hunter Harrison will lift profits at the railroad around 25 percent this year.
The Jacksonville, Florida-based railroad says its earnings per share will jump about 25 percent over last year's $1.81, but that excludes restructuring costs.